Ahead of Expected Fed Rate Cut, Mortgage Applications Increase for Third Straight Week
Home purchase applications edged up for the third straight week, increasing 1.4% from last week’s increase of 1.6%, as mortgage rates hit their lowest level in six weeks and a 25-basis point interest rate cut by the Federal Reserve is likely in the offing. This week’s...
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%...
Seller Dwellers: As Mortgage Rates Decline, Will They Finally Plant ‘For Sale’ Signs?
They’re the yangs to the high-mortgage-rate yins. The homeowners who have the 3% – 4% 30-year mortgage rates and have, over the last few years, refused to vacate, logically in most cases as they have not wanted to take on new mortgages in the 6% – 8%...
10 Things to Know About the Mortgage and Housing Markets Right Now
Homebuyers are increasingly stretched to buy a home, and some existing homeowners are feeling the pressure of higher homeownership costs and missing mortgage payments. Overall, there is more caution in the housing market as housing indicators continue to revert to...
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.
Read more.
Provided by
