by | Sep 18, 2023 | Industry News, Latest News, National, News, Premier |
Builder confidence in September fell below a reading of 50 for the first time in five months, according to new data from the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index (HMI) found that builder confidence fell five points to...
by | Sep 15, 2023 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
Consumer sentiment fell 2.6% in September, according to data from the University of Michigan. “Sentiment this month was characterized by divergent movements across index components and across demographic groups with little net change from last month,” said Joanne Hsu,...
by | Sep 15, 2023 | Industry News, Latest News, Lead Story, National, News, Premier |
There’s no market without buyers, but that doesn’t mean that buying a home is easy for them. Two new surveys from the National Association of REALTORS® (NAR) aim to identify the main barriers homebuyers face in becoming homeowners: 2023 Experiences & Barriers of...
by | Sep 15, 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. After a brief dip last week, mortgage rates rose again this week, according to Freddie Mac’s latest Primary Mortgage...
by Beth McGuire | Sep 14, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) averaged 7.18% this week, back to where it was two weeks ago after a dip to 7.12% last week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: 30-year...
by | Sep 14, 2023 | Agents, Brokers, Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Above: Bright MLS Chief Economist Dr. Lisa Sturtevant. Photo by AJ Canaria. In 1992, pundit James Carville coined the phrase “It’s the economy, stupid!” As a soundbite, it was meant to illustrate that in politics, a good (or bad) economy is all that matters, urging...