Mortgage Applications Back on Downward Trajectory, Declining Nearly 13%
Mortgage application activity declined for the first time in two weeks. Applications had mostly fallen this year before experiencing a ...
Tag: Real Estate Economics
Consumer Confidence Weakens in September, Reflecting Rising Inflation Concerns
The Conference Board Consumer Confidence Index revealed that consumer attitudes toward current and future economic conditions dropped by 3.6 points ...
Fed Governor Says Weakening Labor Market Demands Proactive Approach
Above, Michelle Bowman. The Fed cut interest rates by 25 basis points at the September Federal Open Market Committee (FOMC) ...
PCE Inflation Data ‘Mildly Reassuring’ as Many Hope for Continued Rate Cuts
Inflation remains elevated, but still in line with expectations in August, according to the latest readings of the Federal Reserve’s ...
Mortgage Rates Remain at 11-Month Lows Despite Slight Uptick
The nation’s home buyers continue to benefit from recent historic lows with only a slight uptick in the average 30-year ...
Federal Reserve Chair Jerome Powell Says There Is ‘No Risk-Free Path’; Describes Rates as ‘Modestly Restrictive’
Federal Reserve Chair Jerome Powell, in a speech before the Greater Providence Chamber of Commerce in Warwick, Rhode Island yesterday, ...
Refinance Mortgages Make Up Over 60% of All Applications
After last week’s major uptick in mortgage loan applications, borrower activity remains high. Yet, despite a slowly falling 30-year fixed ...
Bright MLS Chief Economist Analyzes Broader Implications of Federal Actions on Today’s Housing Market
Above: Bright MLS Chief Economist Lisa Sturtevant. Photo by AJ Canaria. While all eyes might be on America’s favorite celebrity ...
Newly Appointed Fed Governor Stephen Miran Calls for Aggressive Rate Cuts
In his first public speech since taking a seat on the Federal Open Market Committee (FOMC), Federal Reserve Governor Stephen ...
Fed Announces First Rate Cut of 2025, Citing a Worsening Job Market
The Federal Reserve has announced its first interest rate cut since December 2024, pointing toward a degrading job market as ...
5 Key Reasons FSBOs Regret Not Using a Real Estate Agent
Some homeowners think selling their properties with no agent will save gobs of money on commissions. Almost always they come to regret it, settling on a price that could have been better, not to mention spending way more time on the process than they envisioned Read more.
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