Fed Chair Jerome Powell Points to Almost Certain Rate Cut in September
Above, Jerome Powell The possibility of a September interest rate cut just became a much more imminent promise, according to ...
Tag: Inflation
Mortgage Rates Remain Low; Expert Sees Little Change
The 30-year fixed-rate mortgage (FRM) remains at the low level seen recently, from last week’s average of 6.49% to a ...
Election 2024: Comparing Trump and Harris Housing Priorities
The 2024 presidential election is now close enough to count down the time in weeks, not months. As the campaigns ...
Economic Index Drops, but Recession Isn’t Predicted by the Results
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Latest CPI Data Shows Lowest Inflation Since 2021
The Consumer Price Index (CPI) was up 0.2% from June to July 2024 and up 2.9% from a year ago, ...
Mortgage Rates Plummet to Lowest Level in Over a Year
The 30-year fixed-rate mortgage (FRM) dropped drastically to the lowest level seen in over a year, from last week’s average ...
Mortgage Mix: Incoming Rate Cut Reflected in Recent Data
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Unemployment Rises in July, Experts See Hope on Horizon
The U.S. added 114,000 jobs in July, below the average monthly gain of 215,000 over the prior 12 months, according ...
Fed Holds Steady, Eyeing September Rate Cut
Unsurprisingly, Federal Reserve (Fed) officials made the decision not to cut interest rates yesterday afternoon, despite indicators that the economy ...
Mortgage Mix: Regulators Issue Warning on Fintech; VP Harris’ AVM Rule Finalized
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
6 Musts to Share With Buyers About Why You Rule Over AI
“AI can summarize what has been published about a property,” says one real estate professional. “The trouble is that some of the most important information has not been published, is no longer current or cannot be understood without seeing the home.” Read more.
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