by | Dec 8, 2023 | Industry News, Latest News, National, News, Premier |
The economy has been a matter of discrepancy for much of 2023. The data and relevant reports show an economy that on paper is improving; unemployment is low (about 3.7% as of the last jobs report), and the Federal Reserve hasn’t raised interest rates in the last few...
by | Nov 14, 2023 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
Inflation stagnated in October, following a summer of increases. After the recent pause in rate hikes from the Fed, this reading could signal another pause at the next Fed meeting, and an overall end to rate hikes in the near future. The Consumer Price Index saw no...
by | Nov 14, 2023 | Agents, Brokers, Economy, Industry News, Latest News, Lead Story, News, Premier |
At an International Monetary Fund research conference held Nov. 9 in Washington, D.C., Federal Reserve Chair Jerome Powell warned that while progress was being made to curb inflation, there was a possibility that more rate hikes could be in the offing—which, of...
by | Nov 3, 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 report from Freddie Mac, mortgage rates declined slightly after seven weeks of continuous rate...
by | Nov 1, 2023 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Interest rates will not see a hike, nor any decrease, this week, according to the latest press conference from the Federal Reserve’s Federal Open Market Committee (FOMC). The official statement from the FOMC read: “The Committee seeks to achieve maximum employment and...