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%...
by | Sep 27, 2024 | Economy, Industry News, Latest News, National, News, Premier |
According to the latest Personal Consumption Expenditures (PCE) Price Index (one of the economy’s key inflation gauges), prices increased 2.2% in August compared to the prior year. Minus more volatile prices such as food and energy, prices increased 2.7%....
by | Sep 27, 2024 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
With a recent interest rate decrease from the Fed and slowing inflation, consumers’ economic hopes saw a significant increase in September. Consumer sentiment rose 3.2% in September, from 67.9 in August to 70.1, according to the University of Michigan’s latest...
by | Sep 27, 2024 | 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. -A 2021 antitrust case against United Wholesale Mortgage (UWM) has been dismissed by a Florida federal court, as...
by Beth McGuire | Sep 19, 2024 | 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, fell by 0.2% in August to 100.2, following a decline of 0.6% in...