by | Feb 26, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage applications continued their fall for the second consecutive week, as mortgage rates remain elevated, hovering just under 7%. According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 21,...
by | Feb 25, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Consumer confidence took a nose dive in February, according to the monthly survey conducted by non-profit The Conference Board, below a critical threshold that signals a a possible recession “In February, consumer confidence registered the largest monthly decline...
by | Feb 21, 2025 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
Consumers’ sentiment toward the economy distinctly wavered in February for almost all groups across the board, with some disagreement across political parties, according to the latest data from the University of Michigan. The latest Index of Consumer Sentiment reading...
by | Feb 20, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage rates continued their downward trend, as the average 30-year mortgage rate decreased from 6.87% last week to 6.85% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “The 30-year fixed-rate...
by | Feb 20, 2025 | 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 0.3% in January 2025 to 101.5, after a 0.1% increase...
by | Feb 13, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Appearing before The Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force—established by the House Financial Services Committee in January—Federal Reserve Chair Jerome Powell was questioned about the Fed’s independence amid political...