Mortgage Mix: Affordability Improves as Mortgage Rates Level Off
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. ...
Tag: Real Estate Economics
Mortgage Applications Increase This Week
Mortgage applications increased 3.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications ...
U.S. Employment Soars, With 353,000 Jobs Added in January
Job growth was unexpectedly strong in January, with companies adding workers at the robust pace of 353,000 last month, another ...
Consumer Sentiment Continues to Gain Momentum
The latest Survey of Consumers from the University of Michigan finds that consumer sentiment in January remains relatively rosy, suggesting ...
Fed Requires ‘Continuing Evidence’ of Inflation Decrease Before a Rate Cut
As expected, the Federal Reserve indicated that rate cuts aren’t in proximity unless there is “continuing evidence” revealing inflation is ...
Mortgage Applications Decrease This Week
While mortgage rates still hovering in the mid-sixes fluctuated little this past week, mortgage applications decreased 7.2% from one week ...
Consumer Confidence Hits Two-Year High
Consumer confidence increased 6.8 points to 114.8 in January, the third consecutive month of increases and the highest reading seen ...
Inflation Numbers Show Progress; Lower Mortgage Rates Possible Soon
The personal consumer expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, increased 0.2% in December, according to ...
Builder Sentiment Rises as Mortgage Rates Fall
As mortgage rates have remained below 7% for several weeks, builder sentiment continues its growth, according to new data from ...
Fed Governor Offers Optimistic View of Rate Cuts, Economy in 2024
In a speech sponsored by the think tank Brookings Institution, Federal Reserve Governor Chris Waller said he feels more confident ...
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
