The Fed Continues to Keep Interest Rates Steady
Interest rates will remain unchanged for the second month in a row, according to the latest press conference from the ...
Tag: Real Estate Economics
Mortgage Applications Continue to Rise
Mortgage applications increased for the fifth straight week, raising 2.8% from one week earlier, according to data from the Mortgage ...
Falling Inflation Could Lead to Fed Cutting Rates
The Personal Consumption Expenditures (PCE) index, maintained by the Bureau of Economic Analysis (BEA), tracks prices, consumer spending and fluctuations ...
Consumer Confidence Sees Unexpected Rise in November
Consumer confidence increased from 99.1 in October to 102 in November, breaking a three month streak of decreases, according to ...
How High Mortgage Rates Are Impacting the Housing Market—and Consumers’ Moods
In August, mortgage rates surpassed 7%, hitting a more than two-decade high. At the beginning of 2023, most housing-market watchers ...
Builder Confidence Falls Again, but Experts Are Optimistic
As mortgage rates continue to put pressure on the housing market, homebuilder confidence saw another dip in November, according to ...
Mortgage Rates Trend Down for Third Straight Week
The 30-year fixed-rate mortgage averaged 7.44%, down again from last week’s average of 7.5%, according to the latest Primary Mortgage ...
Mortgage Rates May Well Rise Again, Fed Chair Powell Warns
At an International Monetary Fund research conference held Nov. 9 in Washington, D.C., Federal Reserve Chair Jerome Powell warned that ...
Despite Q3 Losses, Fathom Focuses on Agent Growth
Despite clocking in a $5.5 million net loss in Q3, Fathom executives are choosing to hone in on the positive—large ...
Mortgage Mix: Mr. Cooper Compromised; Lender Earnings Mixed
-Hallelujah! After almost a full year of rising rates, the 30-year fixed fell more than 25 basis points, according to ...
Condo or House? Helping Clients Decide Which Makes More Sense
With home prices still elevated in much of the country, condos have become more realistic for buyers determined to exit the rental train. Read more.
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