by | Mar 25, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Inflation and home prices: two large barriers for Americans in living their dream lives. While they both are very present issues, one has had a much stronger impact due to its drastic growth rate. Home prices have risen 2.4x faster than inflation since the 1960s,...
by | Mar 20, 2024 | Economy, Industry News, Latest News, National, News |
Fannie Mae’s most recent economic projections, up to March 2024, suggest that mortgage rates will remain elevated for a while longer. Per Fannie Mae’s Economic and Strategic Research (ESR) Group, the 30-year mortgage rate is now projected to sit at 6.4% by the end of...
by | Mar 15, 2024 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in March. The dip, however, is not any cause for concern, according to experts. Consumer sentiment decreased 0.5% in March, following a 0.8% increase in...
by | Mar 14, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.88% to an average of 6.74% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The...
by | Mar 12, 2024 | Agents, Brokers, Consumer, Economy, Industry News, Latest News, National, News, Premier |
The Consumer Price Index (CPI) increased 0.4% in February on a seasonally adjusted basis, after rising 0.3% in January, the U.S. Bureau of Labor Statistics reported on March 12. It marked the biggest increase since last fall. Over the last 12 months, the all items...
by | Mar 8, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. A new report from ICE found that despite the mortgage market challenges faced last year, first-time homebuyers made...