by | Oct 17, 2023 | Economy, Industry News, Latest News, National, News |
The rapid rise in long-term interest rates over the past few months will likely weigh on future economic growth, according to the October 2023 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group. The ESR Group warns that an acute credit event...
by | Oct 12, 2023 | Economy, Industry News, Latest News, National, News, Premier |
Inflation remained high in September after picking up over the summer as gains in rent and other services offset another decline in used car prices and a smaller rise in gasoline costs. The Consumer Price Index rose 0.4% in September on a seasonally adjusted basis,...
by | Oct 6, 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. As the Fed recently hiked rates, mortgage rates rose again this week, according to Freddie Mac’s latest Primary...
by | Sep 29, 2023 | Economy, Industry News, Latest News, National, News, Premier |
While still ticking upward, the PCE index—the Federal Reserve’s preferred measure of price increases—rose less than expected today, fueling optimism that there won’t be another resurgence in inflation. Additionally, the report showed that consumer spending rose...
by | Sep 28, 2023 | Economy, Industry News, Latest News, National, News, Premier |
If Congress is unable to agree on the provisions of a Continuing Resolution (CR) to fund the federal government by September 30, 2023, the result will be a partial shutdown of some government operations of interest to the real estate industry. A summary of the impact...
by Beth McGuire | Sep 27, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The increase in mortgage applications last week was short-lived, as purchase applications fell this week, down 1.3% from one week earlier when we saw a temporary increase of 5.4%. This is according to the latest Weekly Mortgage Applications Survey from the Mortgage...