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...
by | Jan 15, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Inflation continues to rise after a seven-month decline from early in 2024, reversing the trend seen from March to September, and still falling well short of the target mark of 2% set by the Federal Reserve after seeing a 2.9% rise year-over-year. The Consumer Price...
by | Jan 10, 2025 | Agents, Brokers, Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Total nonfarm payroll employment increased by 256,000 in December, and the unemployment rate changed little at 4.1%, the U.S. Bureau of Labor Statistics reported December 10. Employment trended up in healthcare, government and social assistance. Retail trade added...