Report: Share of Homeowners With Sub 5% Mortgage Rate Shrinks Significantly
The mortgage market has been going through a gradual change as it adjusts to higher-for-longer interest rates. With this shift, a rising tide of higher mortgage rates has reshaped the landscape and, notably, is creating a shrinking pool of homeowners with mortgage...
Mortgage Rates Fall, in Line with Welcomed Cooling Consumer Prices, Jobs Numbers
Following the first dip in consumer prices in four years and home prices in some markets declining, the average 30-year fixed rate mortgage followed suit, dropping from 6.95% last week to 6.89% this week, according to the latest Primary Mortgage Market Survey®...
Fed Chair Jerome Powell Plays Coy About Rate Cuts in Senate Hearing
Federal Reserve Chair Jerome Powell testified before the Senate Committee on Banking, Housing and Urban Affairs, mostly dodging questions about rate cuts while being pressed by lawmakers on housing affordability, inventory and a wobbly commercial real estate market....
Fed in No Rush to Cut Rates Until ‘Greater Confidence’ in Taming Inflation
At their June meeting, Federal Reserve members acknowledged there’s been notable progress in lowering inflation, but it’s not going as quickly as they’d like to consider cutting key interest rates, according to meeting minutes released Wednesday. While the central...
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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