by | Jan 31, 2025 | Economy, Industry News, Latest News, National, News, Premier |
The Federal Reserve declined to cut interest rates any further at its latest meeting—and the Fed’s preferred inflation metric now shows that the goal of 2% annual inflation remains elusive. In the latest monthly Personal Consumption Expenditures (PCE) report compiled...
by | Jan 28, 2025 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
Consumer confidence continued to slide down in January, according to data from The Conference Board, however, experts feel the downtrend is not outside of the range it’s been in the past few years. “Consumer confidence has been moving sideways in a relatively stable,...
by | Jan 23, 2025 | Economy, Industry News, Latest News, National, News, Premier |
In a slight reversal of the past month’s trends, the average 30-year mortgage rate decreased from its average last week of 7.04% down to 6.96% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “After...
by | Jan 22, 2025 | Economy, Industry News, Latest News, National, News, Premier |
The Conference Board Leading Economic Index (LEI), which measures indicators of significant turning points in the business cycle and where the economy is headed in the near term, posted a 0.1% decline for the month of December, reversing course from a 0.4% rise in...
by Beth McGuire | Jan 22, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage applications barely increased this week amid lingering high mortgage rates, but the increase was enough to push home purchase applications up 2% over last year. That’s the latest analysis from the Mortgage Bankers Association, who reported a 0.1% increase in...
by | Jan 16, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Housing affordability remains a main concern—not just for individuals looking to buy their first home, but for the broader economy, influencing everything from labor markets to community stability. This concern took center stage at a high-profile event at the Federal...