Powell Says Recession Risk Gone, but Housing Inflation Will Persist for ‘Some Years’
After more than two years of heavy-handed rate-raising by the Federal Reserve, which was largely responsible for putting the brakes ...
Tag: Real Estate Economics
Inflation Hits Lowest Level Since 2021
According to the latest Personal Consumption Expenditures (PCE) Price Index (one of the economy’s key inflation gauges), prices increased 2.2% ...
Consumer Sentiment Turns Positive as Inflation Slows
With a recent interest rate decrease from the Fed and slowing inflation, consumers' economic hopes saw a significant increase in ...
Mortgage Mix: United Mortgage Lawsuit Dismissed as Rates Reach New Low
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. ...
Average Mortgage Rates Fall to Lowest Level in Two Years
While mortgage rates barely registered a dip this week, it was enough for economists to report they’ve reached their lowest ...
Refinancing Accounts for Lion’s Share of Mortgage Applications as Activity Hits 2-Year High
Home purchase application activity continued to increase this week in the wake of the Fed’s milestone 50-basis point rate cut ...
Mortgage Rates Continue to Fall, Driving Activity for Purchases, Refinances
More signs point to more favorable housing costs this week as average mortgage rates continued to fall, following an aggressive ...
Economic Index Falls for Sixth Straight Month
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Mortgage Applications Spike This Week
Ahead of today’s highly anticipated rate cut by the Federal Reserve, applications for home purchases saw a significant increase last ...
Homebuilder Confidence Breaks Streak, Sees Increase
The decline of mortgage rates to their lowest level in 19 months has instilled new confidence in homebuilders in September, ...
5 Key Reasons FSBOs Regret Not Using a Real Estate Agent
Some homeowners think selling their properties with no agent will save gobs of money on commissions. Almost always they come to regret it, settling on a price that could have been better, not to mention spending way more time on the process than they envisioned Read more.
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