by | Aug 14, 2024 | Agents, Consumer, Industry News, Latest News, National, News |
The Consumer Price Index (CPI) was up 0.2% from June to July 2024 and up 2.9% from a year ago, according to the latest data from the U.S. Bureau of Labor Statistics. The Index measures the costs of goods and services across the American economy so as to track...
by | Aug 12, 2024 | Agents, Best Practices, Brokers, Consumer, Industry News, Latest News, National, News |
Interest rates are critical in the real estate market, especially in selling condominiums. Understanding this impact can help buyers, sellers and investors make informed decisions. Introduction to interest rates and condo sales Interest rates are the cost of borrowing...
by | Aug 9, 2024 | Economy, 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. Per the latest survey by Freddie Mac, mortgage rates experienced a noticeable drop during the first week of August...
by | Aug 8, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) dropped drastically to the lowest level seen in over a year, from last week’s average of 6.73% to a current average of 6.47%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This...
by | Aug 7, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Corporate quarterly reports, unless they include dramatic swings in earnings, are often same-old, same-old. However, when the industry is in a state of flux, as is the case with residential real estate, often the comments made by the leading executives are more...