Rocket Mortgage Focuses on AI as Earnings Continue to Grow
Rocket Companies stated that they are increasing their focus on technology and AI as they continue to thrive amidst mortgage ...
Tag: Real Estate Economics
Mortgage Rates Near 7%
Nearing a return to 7% territory, the 30-year-fixed-rate mortgage continued its ascent this week, up to 6.9% from last week’s ...
Mortgage Applications Slump Following Rate Hike Back Over 7%
Mortgage applications decreased sharply this week, down 10.6% from last week’s decrease of 2.3%, according to the latest Weekly Mortgage ...
Leading Index: ‘No Recession in 2024’
The Conference Board Leading Economic Index® (LEI) for the U.S. declined by 0.4% in January 2024 to 102.7, following a ...
Builder Confidence Rises for Third Consecutive Month
Continuous rate pauses from the Fed coupled with cooling mortgage rates have homebuilders feeling more and more positive, according to ...
Economists Weigh in on the Future of First-Time Buyers
Although we're in the midst of a market correction, the future of the housing market is still up in the ...
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. ...
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 ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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