by | Dec 6, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Total nonfarm payroll employment rose by 227,000 in November—higher than expectations—and the unemployment rate changed little at 4.2%, the U.S. Bureau of Labor Statistics reported December 6. Employment trended up in healthcare, leisure and hospitality, government...
by | Nov 21, 2024 | Agents, Brokers, Economy, Industry News, Latest News, National, News, Premier |
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term, declined by 0.4% in October, to 99.5, following a 0.3% decline in...
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...