by | Oct 27, 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. Mortgage rates continued their rise this week, edging closer to 8%, according to Freddie Mac’s latest Primary Mortgage...
by | Oct 26, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) increased from last week’s average of 7.63% to an average of 7.79% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage...
by | Oct 20, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The Leading Economic Index (LEI) fell 0.7% in August to 104.6, marking a year and a half of consistent declines, according to the latest release from The Conference Board. August’s LEI is down 3.4% over the six-month period between March and September 2023—improved...
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...