by | Jan 31, 2025 | Economy, Industry News, Latest News, National, News, Premier |
The Federal Reserve declined to cut interest rates any further at its latest meeting—and the Fed’s preferred inflation metric now shows that the goal of 2% annual inflation remains elusive. In the latest monthly Personal Consumption Expenditures (PCE) report compiled...
by Beth McGuire | Jan 30, 2025 | Industry News, Latest News, National, News, Premier |
Mortgage rates inched lower this week, still hovering below 7% but showing little change since earlier this month. The latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.95%, down...
by | Jan 30, 2025 | Industry News, Latest News, National, News, Premier |
After four months of rises, the pending home sales index fell by 5.5% for the month of December, experiencing month-over-month losses in transactions in all four major U.S. regions to cap a year that was marked by volatility. The most significant month-over-month...
by | Jan 30, 2025 | Agents, Best Practices, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Like most top-producing agents, Suzy Minken, with Compass in Short Hills, New Jersey, has experience on the extreme ends of the home-buying spectrum when it comes to timing. She makes strong recommendations to clients about how to proceed during the process, but...
by | Jan 30, 2025 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Weeks after the fires raging across Southern California began, drought conditions and strong winds have, incredibly, kept the two biggest ones, the Palisades Fire in Pacific Palisades and the Eaton Fire near Pasadena, still active. At least 29 people have died, as...
by | Jan 29, 2025 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Above, Jerome Powell At the Federal Reserve’s first 2025 press conference January 29, following a two-day meeting, Fed Chair Jerome Powell announced that there would not be an immediate rate cut. The action, or inaction, which was unanimously agreed upon by the...