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...
by Aidan Whalen | Jul 27, 2023 | Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) increased from last week’s average of 6.78% to an average of 6.81% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage...
by Aidan Whalen | Jul 26, 2023 | Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
There was no getting around the fact that Anywhere Real Estate president and CEO Ryan Schneider, in a July 25 earnings call, could not sugar-coat a $1.7 billion revenue drop, but at least there was a modicum of good news, as for the first time since Q3 2022 there was...