Fannie Mae Projects Higher Mortgage Rates For Longer Than Expected
Fannie Mae’s most recent economic projections, up to March 2024, suggest that mortgage rates will remain elevated for a while ...
Tag: Inflation
Mortgage Mix: Mortgage Rates Continue to Fall
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. ...
Consumer Sentiment Dips Slightly in March
While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in March. The ...
Mortgage Rates Dip for Second Straight Week
The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.88% to an average of ...
Prices Ticked Up in February Overall, Justifying Fed’s Caution on Lowering Rates
The Consumer Price Index (CPI) increased 0.4% in February on a seasonally adjusted basis, after rising 0.3% in January, the ...
Fed Chair Powell Affirms Rate Cuts Are Coming This Year as U.S. Moves Closer to 2% Inflation Goal
Federal Reserve Chair Jerome Powell on Wednesday signaled that rate cuts are coming this year, sticking to the Fed’s cautious ...
Mortgage Rates Continue to Edge Near 7%
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.9% to an average of 6.94% ...
Inflation Data Raises Hope for Rate Cuts Despite ‘Wonky’ Blip
No news appears to be good news as far as inflation data goes, with investors celebrating as the Federal Reserve’s ...
Fed Minutes Hint at Policy Pivot Toward Rate Cuts, but Inflation Vigilance Remains
The Federal Reserve acknowledged in its last meeting that rates have likely hit their peak, but they’re continuing to keep ...
Leading Index: ‘No Recession in 2024’
The Conference Board Leading Economic Index® (LEI) for the U.S. declined by 0.4% in January 2024 to 102.7, following a ...
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 “The trouble is that some of the most important information has not been published, is no longer current or cannot be understood without seeing the home.”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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