by | Nov 15, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. The upward trajectory of mortgage rates leveled off during the second week of November, coming in at 6.78% as...
by | Nov 15, 2024 | Economy, Industry News, Latest News, National, News, Premier |
“Will the Fed cut interest rates?” That’s a question on everyone’s mind whenever Federal Reserve Chair Jerome Powell speaks publicly—including his November 14 speech before the Dallas Regional Chamber and World Affairs Council of Dallas. The event, which included...
by | Nov 13, 2024 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The latest Consumer Price Index (CPI) reading from the Bureau of Labor Statistics holds eye-catching news: annual inflation is up. Previously, inflation had been decreasing consistently enough that the Federal Reserve once more cut interest rates (albeit only by 25...
by | Nov 6, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage applications continued their rapid decline for the fifth straight week, with pressure from rising mortgage rates continuing to plague homebuyers and keep them out of the market. Applications decreased 10.8% from one week earlier, according to the MBA’s Weekly...
by | Nov 1, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – The Department of Justice (DOJ) filed a lawsuit against Rocket Mortgage and two separate appraisal...
by | Nov 1, 2024 | Economy, Industry News, Latest News, National, News, Premier |
With only days before the presidential election and with inflation on track to fully normalize, all eyes have been on the labor market, which for almost two years remained strong despite a historic rate-raising campaign by the Fed. That strength has appeared more...