by | Oct 11, 2024 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
A key skill to being a real estate agent is judging a buyer’s mood. So how are consumers feeling on a wide scale? Consumer sentiment dipped slightly in the early days of October 2024, from 70.1 to 68.9, per the latest report for the University of Michigan. This...
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...