Mortgage Rates May Well Rise Again, Fed Chair Powell Warns
At an International Monetary Fund research conference held Nov. 9 in Washington, D.C., Federal Reserve Chair Jerome Powell warned that ...
Tag: Mortgage Rates
As Treasury Yields Decline, Mortgage Rates Move Down
The 30-year fixed-rate mortgage (FRM) saw its second week of declines, this week averaging 7.5%, down from 7.76% last week, ...
Job Growth Cools With U.S. Economy Adding 150,000 Jobs in October
Total nonfarm payroll growth increased by 150,000 in October, and the unemployment rate changed little, increasing 3.9% over last month’s ...
Mortgage Mix: Uncertainty Lies Ahead as Rates Stall
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. ...
Mortgage Rates Level Off After Weeks of Rising
The 30-year fixed-rate mortgage (FRM) decreased slightly from last week’s average of 7.79% to an average of 7.76% this week, ...
The Fed Keeps Rates Unchanged
Interest rates will not see a hike, nor any decrease, this week, according to the latest press conference from the ...
Mortgage Applications on Third Straight Week of Declines
Hitting their third week of declines, mortgage applications decreased another 2.1% from the previous week’s slight 0.1% dip, according to ...
Home Prices Show Continue Upward Gain
The latest S&P CoreLogic Case-Shiller Index, tracking home price data changes in August 2023, shows the same result it has ...
Mortgage Mix: Rates Rise as Challenges Persist
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. ...
U.S. Economic Growth Defies Expectations in Third Quarter
Real gross domestic product (GDP), the most accurate measure of a country’s broad economic growth, defied expectations in the third ...
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 “The trouble is that some of the most important information has not been published, is no longer current or cannot be understood without seeing the home.”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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