by Jesse Williams | Aug 18, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Non-profit economic think tank The Conference Board saw its Leading Economic Index (LEI) fall for the fifth month in July as recession risks remain a clear danger to the country heading into the fall. The LEI, which relies on a broad swath of big-picture macroeconomic...
by Jesse Williams | Aug 18, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) changed course again this week, averaging 5.13%, down from 5.22%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac today. Key highlights: 30-year fixed-rate mortgage averaged 5.13% with an...
by Jesse Williams | Aug 18, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After two weeks of increases, mortgage applications changed course this week, decreasing 2.3% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending August 12, 2022. Key...
by Jesse Williams | Aug 18, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
The U.S. labor crisis still plagues us. In fact, it’s getting worse. This isn’t hyperbole or sensationalism. It’s grounded in facts and supported by data. The Bureau of Labor Statistics released data at the beginning of May that revealed that 11.5...
by Jesse Williams | Aug 17, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
After two years of fierce jockeying for a low supply of middle- and high-priced homes during the pandemic, competition is now the strongest for a tightening supply of lower-priced homes, according to a new Zillow analysis. Throughout the majority of the pandemic, the...