Fed Chair Jerome Powell Points to Almost Certain Rate Cut in September
Above, Jerome Powell The possibility of a September interest rate cut just became a much more imminent promise, according to ...
Tag: Real Estate Economics
Mortgage Rates Remain Low; Expert Sees Little Change
The 30-year fixed-rate mortgage (FRM) remains at the low level seen recently, from last week’s average of 6.49% to a ...
Mortgage Applications Drop; Refinance Activity Remains High
Mortgage applications decreased 10.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey ...
Economic Index Drops, but Recession Isn’t Predicted by the Results
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Mortgage Rates Remain at Lowest Level in Over a Year
With the exception of one increase over the Fourth of July, the average mortgage rate has either dipped or remained ...
Mortgage Applications, Refinance Activity Surge for Second Week in a Row
Increased mortgage application activity reached a new record this week, increasing 16.8% from one week earlier, when it hit its ...
Mortgage Mix: Rates Dip Sharply; Major Lender Prepping for Refinance Boom
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 Plummet to Lowest Level in Over a Year
The 30-year fixed-rate mortgage (FRM) dropped drastically to the lowest level seen in over a year, from last week’s average ...
Redfin CEO Alarmed at Pace of 2024 Home Sales; Earnings Tread Water
Corporate quarterly reports, unless they include dramatic swings in earnings, are often same-old, same-old. However, when the industry is in ...
Mortgage Applications Reach Highest Volume Since January
Mortgage applications increased 6.9% from one week earlier, reaching the highest volume seen since January of this year, according to ...
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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