Fed Makes Aggressive Interest Rate Cut
The Federal Reserve (Fed) has turned expectations into a reality, making its first interest rate cuts since the start of the pandemic. Against the backdrop of a cooling job market and cooling inflation, all Fed officials opted to lower the federal funds rates by half...
Mortgage Rates Drop to their Lowest Level in 19 Months
Good news for those hoping for more decreases in mortgage rates this week, however the same challenges persist regarding affordability and inventory, preventing a meaningful break in the hindered housing market. The 30-year fixed rate mortgage averaged 6.20% this...
Inflation Continues Decline in Latest Consumer Price Index
In a seemingly positive sign for consumers, inflation has now posted the lowest recent annual increase two months in a row. Previously, in July 2024, the Consumer Price Index (CPI)—key inflation gauge assembled by the U.S. Bureau of Labor Statistics—rose only 2.9%...
Mortgage Rates Continue Falling Ahead of Expected Rate Cut
Falling to its lowest level since May 2023, the average 30-year-fixed mortgage rate fell again this week to 6.35%, down from last week’s 6.46%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: ...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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