Leading Economic Indicators Fall Again
The Leading Economic Index (LEI) fell 0.7% in August to 104.6, marking a year and a half of consistent declines, ...
Tag: Real Estate Economics
Mortgage Applications Hit 28-Year Low
After a brief bump last week thanks to ARM rates decreasing, home purchase applications decreased 6.9% from one week earlier, ...
Interest Rates Will Continue to Weigh on Economy, says Fannie Mae
The rapid rise in long-term interest rates over the past few months will likely weigh on future economic growth, according ...
Builder Confidence Falls to Lowest Level Since January 2023
As mortgage rates have climbed to a 23-year high, builder confidence has fallen to the lowest reading since January, according ...
Mortgage Rates Continue to Climb for Fifth Straight Week
The 30-year fixed rate mortgage continued its upward trajectory this week, increasing to 7.57%, up from last week’s increase to ...
Inflation Stays High; NAR Chief Economist Cites Rising Rents as Catalyst
Inflation remained high in September after picking up over the summer as gains in rent and other services offset another ...
Mortgage Mix: Mortgage Market Challenges Persist
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 Continue to Surge
After reaching their highest level in 23 years at 7.31% last week, the 30-year fixed rate mortgage continued to hold ...
Latest Inflation Data Beats Expectations; Consumers Still Spending
While still ticking upward, the PCE index—the Federal Reserve’s preferred measure of price increases—rose less than expected today, fueling optimism ...
Mortgage Rates Reach Highest Level in Almost 23 Years
After a slight uptick to 7.19% a week ago, the 30-year fixed-rate mortgage (FRM) averaged 7.31% this week, its highest ...
3 Ways to Boost Engagement With Selfie-Style Content
In the age of TikTok, hyper-polished, overly-produced videos are a thing of the past. Today’s most effective social media content is simple, scrappy and all you need is your phone. Read more.
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