by Beth McGuire | Feb 22, 2024 | Industry News, Latest News, National, News, Premier |
The Federal Reserve acknowledged in its last meeting that rates have likely hit their peak, but they’re continuing to keep a watchful eye on key economic indicators and inflation, balancing a sense of optimism with some caution, according to meeting minutes released...
by Beth McGuire | Feb 22, 2024 | Industry News, Latest News, National, News, Premier |
Following a drop to its lowest level in three decades by the end of last year, existing-home sales reversed course last month, rising 3.1% from December to a rate of 4.00 million in January, down 1.7% year-over-year, or 4.07 million sales, according to the latest...
by Beth McGuire | Feb 21, 2024 | Industry News, Latest News, National, News, Premier |
Mortgage applications decreased sharply this week, down 10.6% from last week’s decrease of 2.3%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association for the week ending Feb. 16, 2024. Here are this week’s numbers: The...
by Beth McGuire | Feb 20, 2024 | Industry News, Latest News, National, News, Premier |
The rally in new-home demand isn’t letting up as homebuyers facing inventory challenges on the resale market turned to new construction to realize their homeownership dreams. Mortgage applications for new-home purchases jumped 19.1% in January compared to a year ago...
by Beth McGuire | Feb 20, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The Conference Board Leading Economic Index® (LEI) for the U.S. declined by 0.4% in January 2024 to 102.7, following a 0.2% decline in December 2023. The LEI contracted by 3.0% over the six-month period between July 2023 and January 2024, a smaller decrease than the...