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 ...
Tag: Real Estate Economics
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 ...
As Treasury Yields Decline, Mortgage Rates Move Down
The 30-year fixed-rate mortgage (FRM) saw its second week of declines, this week averaging 7.5%, down from 7.76% last week, ...
Mortgage Applications Increase Following Pause in Rate Hikes
After three weeks of decreases, mortgage applications turned around this week, increasing 2.5% from one week earlier, according to the ...
3 Ways to Reclaim Your Work-Life Balance
Exhausted? Learn how top real estate agents reclaim work-life balance with strategic boundaries, batched tasks and weekly planning. Burn out less, close more. Read more.
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