by Jesse Williams | Jan 7, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, Lead Story, National, News, Teams |
Job growth didn’t meet expectations for the month of December, as COVID-19 cases surged due to the highly infectious Omicron variant. According to the latest data from the Bureau of Labor Statistics, nonfarm payrolls increased by 199,000 and unemployment fell to...
by Jesse Williams | Jan 7, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 3.22% for the week ending Jan. 6, 2022, according to Freddie Mac’s latest Primary Mortgage Market Survey® (PMMS®). Mortgage details: The 30-year fixed-rate mortgage averaged 3.22% with an average 0.7 point, up from...
by Jesse Williams | Jan 7, 2022 | Consumer, Industry News, Latest News, National, News |
The U.S. Department of Housing and Urban Development (HUD) recently announced the implementation of federal disaster assistance for areas in Colorado affected by straight-line winds and wildfires from Dec. 30, 2021, and continuing. On Jan. 1, President Biden issued a...
by Jesse Williams | Jan 6, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Teams |
A new analysis by the Consumer Financial Protection Bureau (CFPB) reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief. In 2021, Equifax, Experian and TransUnion...
by Jesse Williams | Jan 5, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, Luxury, National, News, Teams |
Construction spending saw a modest boost in November, according to recent reports from the U.S. Census Bureau and the Department of Commerce. The Commerce Department announced on Jan. 3 that construction spending climbed by 0.4% in November 2021, with single-family...
by Jesse Williams | Jan 5, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Teams |
Mortgage applications decreased 2.7% from two weeks earlier for the week ending Dec. 31, 2021. According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey, the Market Composite Index, which measures the mortgage loan application volume,...