by Aidan Whalen | Jul 31, 2023 | Industry News, Latest News, Lead Story, National, News, Premier |
Rocket Companies, the parent company of Rocket Mortgage and Rocket Homes, is making significant leadership moves mere days before reporting its second quarter earnings performance. The Detroit-based company announced Monday that Varun Krishna would become the...
by Aidan Whalen | Jul 31, 2023 | Industry News, Latest News, National, News, Premier |
For the month of May, 2.6% of all mortgages in the U.S. were in some stage of delinquency, a 0.1 percentage point decrease compared to last month and a 0.2 percentage point decrease compared to last year, according to new data from CoreLogic. This is a historic low...
by Liz Ruggiero | Jul 28, 2023 | Consumer, Industry News, Latest News, Lead Story, National, News, Premier |
In the wake of the Federal Reserve ending its short-lived “pause” on rate hikes, the latest personal consumption expenditure (PCE) index—the Fed’s preferred inflation measurement—has shown continued cooling. The Commerce Department announced Friday that PCE...
by Liz Ruggiero | Jul 28, 2023 | 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. According to the latest Primary Mortgage Market Survey® from Freddie Mac, released July 27, 2023, the 30-year...
by Aidan Whalen | Jul 27, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Editor’s Note: The Playbook is an RISMedia biweekly segment centering on what brokers and agents are doing to ensure they not only survive but thrive in these challenging times. Industry professionals explain the strategies they’re employing and unique ideas they’ve...
by Aidan Whalen | Jul 27, 2023 | Industry News, Latest News, National, News, Premier |
After declining every month since February, the forward-looking metric of pending home sales saw a slight uptick in June, rising a fractional 0.3% as markets appear to be rebalancing around higher interest rates and minimal price appreciation. Though the increase was...