by | Oct 24, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage rates are still ticking up, thanks to strong economic data including good jobs reports and stubborn core inflation, economists say, noting that rates are still expected to come down in the months ahead as data falls more in line with expectations. This week,...
by | Oct 21, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Despite some better economic signs—such as the latest Consumer Price Index seeing the smallest annual increase since February 2021—non-profit research firm The Conference Board’s forward-looking measure of the economy, Leading Economic Index (LEI), has continued to...
by | Oct 18, 2024 | Economy, Industry News, Latest News, National, News |
The economy is looking stronger than what was previously predicted, due to signs like stronger payroll growth and revisions in national accounts, according to the October 2024 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group. While the ESR...
by | Oct 11, 2024 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
A key skill to being a real estate agent is judging a buyer’s mood. So how are consumers feeling on a wide scale? Consumer sentiment dipped slightly in the early days of October 2024, from 70.1 to 68.9, per the latest report for the University of Michigan. This...
by | Oct 10, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage rates reversed course from their consistent decreases as of late, possibly due to a stronger than expected September Jobs report, seeing a surge that hasn’t been seen since this past April. The 30-year fixed-rate mortgage (FRM) grew from last week’s average...
by | Oct 10, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Inflation continues to spiral downward toward the Federal Reserve’s goal of 2%, pointing to further interest rate cuts in the coming months and other positive signs for the housing market. The Consumer Price Index (CPI)—one of the main measures for inflation—rose 2.4%...