by | Aug 21, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The latest Federal Open Market Committee (FOMC) meeting held by the Federal Reserve (Fed) concluded with the decision to maintain the current interest rate from 4.25% to 4.5%, which went into effect July 31. The meeting minutes reveal that while unemployment remains...
by | Aug 7, 2025 | Agents, Brokers, Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Among the many forward-looking real estate indicators that have flashed warning signs (or at least wobbled) in recent months, deals falling through might be one of the most alarming. As sales remain depressed and buyer interest flags, reports of delistings or...
by | Aug 6, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Reaching its lowest point in 10 months on August 4, the daily average mortgage rate dropped to 6.57%. On the median-priced U.S. home—which goes for roughly $447,000—a monthly mortgage payment is $2,862 with today’s average rate, according to Redfin. When rates were...
by | Jul 31, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Inflation continues to make a slow crawl upward, with tariffs again being pointed to as a major cause for concern by economists, according to the latest data from the U.S. Bureau of Economic Analysis (BEA). The June Personal Income and Outlays report from the BEA saw...
by | Jul 31, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The next big chapter on tariff policy is scheduled to come on Friday, August 1, when the latest pause on reciprocal tariffs will end. The pause was previously set to end on July 8, only to be extended several weeks. Secretary of Commerce Howard Lutnick has said that...
by | Jul 29, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Consumers’ views on the economy are stabilizing as of late, as reports say that negativity toward the future is decreasing, according to the latest data from The Conference Board. July’s Consumer Confidence Index® reading came in at 97.2, up two points from a revised...