The Fed Keeps Rates Unchanged
Interest rates will not see a hike, nor any decrease, this week, according to the latest press conference from the ...
Tag: Real Estate Economics
Mortgage Applications on Third Straight Week of Declines
Hitting their third week of declines, mortgage applications decreased another 2.1% from the previous week’s slight 0.1% dip, according to ...
Consumer Confidence Continues Decline in October
Consumer confidence fell for the third month in a row, although at a smaller rate, from 104.3 in September to ...
Mortgage Mix: Rates Rise as 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. ...
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, ...
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 ...
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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