Mortgage, Refinance Applications Soar Following Notable Rate Drop
Following a run of home purchase application declines in recent weeks, the Mortgage Bankers Association (MBA) is reporting a surge ...
Tag: Real Estate Economics
Inflation Remains Elevated Ahead of Fed’s March Meeting
Inflation remains elevated and consumer spending has tightened as all eyes are on the Fed’s favorite inflation measure ahead of ...
Mortgage Rates Reach Lowest Level in Over Two Months
Mortgage rates have officially fallen to the lowest level seen in over two months, but remain hovering not too far ...
Mortgage Applications Continue to Fall Through Winter
Mortgage applications continued their fall for the second consecutive week, as mortgage rates remain elevated, hovering just under 7%. According ...
Consumer Confidence Falls Sharply, Dives Below Recession Indicator
Consumer confidence took a nose dive in February, according to the monthly survey conducted by non-profit The Conference Board, below ...
Consumer Sentiment Tumbles in February, Except for Republicans
Consumers’ sentiment toward the economy distinctly wavered in February for almost all groups across the board, with some disagreement across ...
Mortgage Rates Decrease Slightly, Remain Just Under 7%
Mortgage rates continued their downward trend, as the average 30-year mortgage rate decreased from 6.87% last week to 6.85% this ...
Slight Decline in Forward-Looking Economic Indicators, Index Shows
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Keller Williams Housing Market Outlook: Uncertainty Abounds, Slow Market Could Drag Out
Above: Gary Keller (in black), Jay Papasan and Jason Abrams on stage for Keller Williams' Family Reunion event in Las ...
Mortgage, Refinance Applications Dip to Lowest Level This Year
On the heels of this month’s Consumer Price Index (CPI) data, a main measure of inflation, rising for the fourth ...
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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