Mortgage Rates Holding Steady So Far Through Shutdown
Mortgage rates moved within expected patterns this week, edging down only slightly as the government shutdown reaches its ninth day. ...
Tag: Real Estate Economics
FHA Applications Rise Despite Government Shutdown
As the government shutdown limits activity in many markets, mortgage applications continue to drop for the second consecutive week, aligning ...
Fed Governor Stephen Miran Predicts Housing Disinflation Ahead
At the September Federal Open Market Committee (FOMC), where interest rates were cut by 25 basis points, newly appointed Federal ...
Mortgage Rates Ticking Up This Week
As markets make their way through the government shutdown, delayed employment data and the latest Fed cut, mortgage rates saw ...
No News Likely Good News, as Shutdown Postpones Jobs Report
The jobs report for September numbers from the U.S. Bureau of Labor Statistics (BLS), which was planned for Oct. 2, ...
Mortgage Applications Back on Downward Trajectory, Declining Nearly 13%
Mortgage application activity declined for the first time in two weeks. Applications had mostly fallen this year before experiencing a ...
Consumer Confidence Weakens in September, Reflecting Rising Inflation Concerns
The Conference Board Consumer Confidence Index revealed that consumer attitudes toward current and future economic conditions dropped by 3.6 points ...
Fed Governor Says Weakening Labor Market Demands Proactive Approach
Above, Michelle Bowman. The Fed cut interest rates by 25 basis points at the September Federal Open Market Committee (FOMC) ...
PCE Inflation Data ‘Mildly Reassuring’ as Many Hope for Continued Rate Cuts
Inflation remains elevated, but still in line with expectations in August, according to the latest readings of the Federal Reserve’s ...
Mortgage Rates Remain at 11-Month Lows Despite Slight Uptick
The nation’s home buyers continue to benefit from recent historic lows with only a slight uptick in the average 30-year ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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