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...
by Beth McGuire | Oct 30, 2023 | Industry News, Latest News, National, News, Premier |
The core personal consumption expenditures (CPE) price index, a key measure of inflation used by the Federal Reserve, increased 0.3% as expected last month, according to the latest report from the Commerce Department’s Bureau of Economic Analysis. Additionally, the...
by Paige Brown | Oct 27, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News |
The inventory challenges besieging many regions throughout the U.S. residential real estate market are not lessening and the latest data indicates they will continue to be a challenge for some time to come. One segment of homebuyers in the single-family home...
by | Oct 26, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) increased from last week’s average of 7.63% to an average of 7.79% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage...
by Beth McGuire | Oct 25, 2023 | Industry News, Latest News, National, News, Premier |
After a 6.9% decrease last week and hitting a 28-year low, mortgage applications dipped another 1.0% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending October 20, 2023....