Consumer Confidence Retreats in April
Consumers have been feeling the waves of unrest in the economy, with mortgage rates now back up above 7% and ...
Tag: Real Estate Economics
With New Inflation Data Glum, Lower Mortgage Rates May Have to Wait
Hopes for lower mortgage rates soon were tempered Friday as inflation showed little signs of easing in March, with a ...
MORTGAGE MIX: Top Loan Officers Indicted for Fraud; Fed Highlights Financial Concerns
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 Still Going Up
After exceeding 7% last week, the 30-year fixed-rate mortgage (FRM) continued to rise, this week averaging 7.17%, up from last ...
Mortgage Applications Down in High-Rate Environment
After a couple of weeks of increases, mortgage applications fell 2.7% from last week’s increase of 3.3%, according to the ...
Leading Economic Indicators Fall Slightly in March
The Leading Economic Index (LEI) fell 0.3% in March to 102.4, a reverse from February’s slight increase, according to the ...
New-Home Mortgage Applications Jump in March Despite Fewer Sales, MBA Reports
In a mixed bag for housing, mortgage applications for new homes jumped in March, while new-construction sales simultaneously fell amid ...
Mortgage Rates Exceed 7% for First Time This Year
Marking a third straight week of increases and moving over 7% for the first time this year, the 30-year fixed-rate ...
Fed Chair Signals No Rate Cuts in May on Heels of Latest Inflation Data
Federal Reserve Chairman Jerome Powell was clear in new remarks Tuesday that the central bank has no intention of cutting ...
Homebuilder Sentiment Flat in April as Buyers Are Hesitant
After a strong start to the spring selling season, homebuilder sentiment flattened in April as buyers hesitate to step into ...
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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