Technological Focus Continues to Drive Rocket Mortgage’s Success
As the mortgage industry continues to see signs—lowering mortgage rates and worsening applications—that point to the strong possibility of a ...
Tag: Real Estate Economics
Mortgage Mix: Incoming Rate Cut Reflected in Recent Data
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. ...
Unemployment Rises in July, Experts See Hope on Horizon
The U.S. added 114,000 jobs in July, below the average monthly gain of 215,000 over the prior 12 months, according ...
Mortgage Rates Dip to Lowest Level Since February
While there’s no direct correlation between interest rate cuts and mortgage rate dips, per se, both segments saw some positive ...
Fed Holds Steady, Eyeing September Rate Cut
Unsurprisingly, Federal Reserve (Fed) officials made the decision not to cut interest rates yesterday afternoon, despite indicators that the economy ...
Vacillating Mortgage Application Activity Reflects Buyer Holdout for Lower Rates: MBA
Mortgage applications decreased for the second week, down 3.9% from last week’s decline of 2.2%, according to the latest Weekly ...
Mortgage Mix: Regulators Issue Warning on Fintech; VP Harris’ AVM Rule Finalized
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. ...
Potential Rate Cut in September Still in Play After June Inflation Report
The personal consumption expenditures price index (PCE) increased 0.1% in June (slightly up from May’s 0% monthly change) and was ...
Consumer Sentiment Continues to Fall for Fifth Straight Month
Consumers continued to keep their economic hopes in check in July, as sentiment readings continue to slowly decrease. Consumer sentiment ...
Mortgage Rates Flat This Week, but Not a Bad Sign
The 30-year fixed-rate mortgage (FRM) flattened this week, from last week’s average of 6.77% to a current average of 6.78%, ...
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.
Business Tip of the Day provided by
