by Beth McGuire | Jan 26, 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. loanDepot provided an update this week on the cybersecurity attack that forced the company to shut down some of its...
by | Jan 26, 2024 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The personal consumer expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, increased 0.2% in December, according to estimates released Jan. 26 by the Bureau of Economic Analysis (BEA). Excluding food and energy, the PCE price index...
by | Jan 26, 2024 | Industry News, Latest News, National, News, Premier |
Pending home sales rose 8.3% in December, the largest jump seen since June 2020’s 14.9% increase, according to the latest data from the National Association of REALTORS® (NAR). NAR’s Pending Home Sales Index (PHSI) for December registered at 77.3, reflecting a...
by | Jan 25, 2024 | Industry News, Latest News, Lead Story, National, News, Premier |
You might think that the five states people are moving away from the most would be the ones trying the hardest to gain new residents, but that is not the case, according to a new report from MakeMyMove.com. The states losing residents fastest are Alaska, New York,...
by | Jan 25, 2024 | Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.6% to an average of 6.69% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year...
by | Jan 25, 2024 | Agents, Best Practices, Brokers, Industry News, Latest News, National, News, Premier |
Mortgage rates never fell below 6% in 2023 and you probably didn’t even have to follow the news to notice; buyer hesitancy told the story. Even as mortgage rates have declined from their more than 7% peak in Q4 2023, they still haven’t fallen back below 6%—the...