by | Sep 1, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The U.S. added 187,000 jobs in August, and the unemployment rate took a leap to 3.8%, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics. With the unemployment rate jumping from 0.3% to 3.8%, the number of unemployed persons...
by | Sep 1, 2023 | Agents, 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. –Rates remain stuck above 7% this week, despite a small decrease, with the 30-year fixed averaging 7.18%,...
by | Aug 31, 2023 | Agents, Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The latest report on Personal Consumption Expenditures (PCE) showed prices climbing by 0.3% from last month, an expected but still potentially concerning increase in inflation as the Federal Reserve mulls its next move on interest rates. The PCE index, which is the...
by | Aug 30, 2023 | Agents, Economy, Industry News, Latest News, National, News, Premier |
A mixed report on pending home sales to close out the summer offers a muddled picture of 2023’s slow season, as the forward-looking data on contract signings found transactions varied widely across the country. Overall, pending sales rose 0.9%, with the Midwest and...
by | Aug 29, 2023 | Agents, Brokers, Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Even as sales have slumped, home prices have remained mostly resilient and even beaten long-term averages, according to the latest data from the flagship S&P CoreLogic Case-Shiller Index, which tracked a 0.7% increase over last month. Prices are up 4.7% so far...
by | Aug 10, 2022 | Agents, Brokers, Consumer, Economy, Latest News, National, News |
It’s still not good, but “better” is great news right now. That appears to be the consensus from economists after the latest inflation data from the Bureau of Labor Statistics (BLS) showed prices are finally starting to come down, with the Consumer Price...