by Jesse Williams | Jan 27, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
There’s still a way to go before the Federal Reserve gets inflation under control. However, the signs of progress continue to come in as personal consumption expenditure (PCE) inflation—the Fed’s preferred measurement—also shows signs of deceleration. New...
by Jesse Williams | Jan 27, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After half a year of declining contract signings, new data from the National Association of REALTORS® (NAR) shows that pending home sales in December snapped the cold streak. NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on...
by Jesse Williams | Jan 27, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
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. In a sign of better times ahead, mortgage rates continued to decline this week. The 30-year fixed-rate mortgage...
by Jesse Williams | Jan 26, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Editor’s Note: The Playbook is a new RISMedia weekly 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 Jesse Williams | Jan 26, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
New home sales continued to grow in December, rising 2.3% from November’s rate of 602,000 to 616,000, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. New home sales have been continuously rising since October,...
by Jesse Williams | Jan 26, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.13% this week, a slight tick down from last week’s dip to 6.15%, according to the latest Primary Mortgage Market Survey® (PMMS®), from Freddie Mac. This week’s numbers: 30-year fixed-rate mortgage averaged 6.13% as of...