Mortgage Rates Drop to their Lowest Level in 19 Months
Good news for those hoping for more decreases in mortgage rates this week, however the same challenges persist regarding affordability ...
Tag: Real Estate Economics
Ahead of Expected Fed Rate Cut, Mortgage Applications Increase for Third Straight Week
Home purchase applications edged up for the third straight week, increasing 1.4% from last week’s increase of 1.6%, as mortgage ...
August Sees 142,000 New Jobs as Labor Market Cools; Fed Surely Noticing
Ahead of a key Federal Reserve meeting later this month to set interest rates, total nonfarm payroll employment increased by ...
A ‘Weird’ Economy and ‘Ugly’ Rate-Locks: Experts Say 2024’s Market Still an Enigma
Above, CoreLogic Chief Economist Selma Hepp. Photo credit: AJ Canaria WASHINGTON D.C.—The economy right now is “weird.” It also might be ...
Mortgage Mix: Fed Rate Cut Closes in; CFPB Fines New Day Financial
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. ...
More Inflation Data Supports Rate Cuts, but ‘Alarm Bells’ Over Timing
The Federal Reserve’s preferred measure of inflation showed an annual gain of 2.5% in July, within striking distance of the ...
Mortgage Rates Continue Falling Ahead of Expected Rate Cut
Falling to its lowest level since May 2023, the average 30-year-fixed mortgage rate fell again this week to 6.35%, down ...
Mortgage Applications Little Change, Small Increase
Mortgage applications increased 0.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey ...
As Interest-Rate Cut Nears, Can It Really Spur Home Sales to Gain Traction Fast?
It’s coming. The Fed has strongly intimated that an interest rate is coming, most likely at its next meeting Sept. ...
Consumer Confidence Up Slightly in August Due to Economy and Inflation
The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next ...
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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