by | Sep 7, 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 The 30-year fixed-rate mortgage (FRM) averaged 7.12% this week, down slightly from last week’s 7.18%,...
by | Sep 6, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The total number of mortgages secured by residential property increased to 1.56 million during Q2 2023, according to a new report from ATTOM. While that remained down 38% from a year earlier, it was up 21% from last quarter—the first increase in two years. ATTOM’s...
by | Sep 1, 2023 | Economy, Industry News, Latest News, National, News, Premier |
For the month of June, 2.6% of all mortgages in the U.S. were in some stage of delinquency, unchanged from last month and a 0.3 percentage point decrease from the 2.9% rate last year. This is the same reading as the historic low of 2.6% in March. According to...
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...