by | Jan 11, 2024 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
Inflation saw another small rise in December, continuing the 0.1% rise seen in November. Following the two recent consecutive pauses in rate hikes from the Fed, economists feel that this reading reflects the Fed’s sentiments that interest rates will not see any...
by | Jan 11, 2024 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Interest rates will remain high for “some time,” according to recent comments made by New York Federal Reserve President John Williams. “I expect that we will need to maintain a restrictive stance of policy for some time to fully achieve our goals,” said Williams. “It...
by | Jan 10, 2024 | Economy, Industry News, Latest News, National, News, Premier |
After a two-week period of decreases over the recent holiday season, mortgage applications increased 9.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Jan. 5, 2024. This...
by | Jan 3, 2024 | Industry News, Latest News, National, News, Premier |
2023 has come to the end with a positive outlook. The Fed paused rates for two consecutive months, unemployment is low, GDP growth has been on the up, mortgage rates have been going down, and so on. The question on everyone’s minds is: will this positive trend...
by Beth McGuire | Jan 3, 2024 | Industry News, Latest News, National, News, Premier |
Mortgage applications decreased a notable 9.4% this week from two weeks earlier (the last report before the Christmas holiday), when they dipped slightly 1.5%, but after a 7.4% surge in mid-December, according to the latest data from the Mortgage Bankers Association’s...