by | Sep 6, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Ahead of a key Federal Reserve meeting later this month to set interest rates, total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate changed little at 4.2%, the U.S. Bureau of Labor Statistics reported Aug. 6. The gains were weaker...
by | Sep 5, 2024 | Agents, Brokers, Economy, Industry News, Latest News, National, News, Premier |
Above, CoreLogic Chief Economist Selma Hepp. Photo credit: AJ Canaria WASHINGTON D.C.—The economy right now is “weird.” It also might be on the verge of some big changes. In contrasting, high-profile addresses delivered at RISMedia’s CEO & Leadership Exchange...
by | Aug 30, 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 Federal Reserve interest rate cut is looking more and more imminent with this month’s Personal...
by | Aug 30, 2024 | Agents, Brokers, Economy, Industry News, Latest News, National, News, Premier |
The Federal Reserve’s preferred measure of inflation showed an annual gain of 2.5% in July, within striking distance of the central bank’s long-term mandate of 2%, putting the country firmly on track for a series of rate cuts—likely starting next month. The Personal...
by Beth McGuire | Aug 29, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Falling to its lowest level since May 2023, the average 30-year-fixed mortgage rate fell again this week to 6.35%, down from last week’s 6.46%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: ...
by | Aug 28, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage applications increased 0.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending August 16, 2024. This is a slight reverse from last week’s 10.1% drop, as experts feel homeowners...