by | Jan 5, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The U.S. added 216,000 jobs in December, and the unemployment rate was unchanged at 3.7%, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics. Along with the unemployment rate, the number of unemployed persons was unchanged at...
by | Dec 21, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage continued its fall below 7% this week, averaging 6.67% this week, down from the previous week’s dip to 6.95%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The...
by | Dec 21, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The Conference Board Leading Economic Index (LEI) for the U.S. declined by 0.5% in November to 103, following a decline of 1% in October. The LEI contracted by 3.5% over the six-month period between May and November 2023, a smaller decrease than its 4.3% contraction...
by | Dec 20, 2023 | Economy, Industry News, Latest News, National, News, Premier |
Following a strong seven-week stretch of increases, mortgage applications fell 1.5% this week, down from last week’s 7.4% rise, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending December 15,...
by | Dec 15, 2023 | 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. The Fed decided not to make any changes in interest rates again this month, citing not enough evidence as they did...
by | Dec 14, 2023 | Agents, Best Practices, Brokers, Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Despite broker sentiment hitting a yearly low in November—at exactly the same time as it did last year—there are larger signs of positive changes in the housing market, according to RISMedia’s latest Broker Confidence Index (BCI) survey of real estate business...