Fed Chair: ‘No Hurry to Cut’ Rates Until There’s Sustained Progress on Inflation
Getting inflation under control remains priority No. 1 at the Federal Reserve. New inflation data out Friday shows that U.S. prices moderated in February, led by a cooling in the cost of services (outside of housing and energy), according to a Commerce Department...
MBA: New-Home Mortgage Applications Surge Nearly 16% in February
Homebuyers are continuing to turn to new construction as the antidote for a continued lack of existing homes for sale. Mortgage applications for newly built homes jumped 15.7% in February from a year ago, according to data from the Mortgage Bankers Association’s (MBA)...
Mortgage Rates Drop Slightly This Week
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®) on March 28, showing the 30-year fixed-rate mortgage averaged 6.79%, down 8 basis points from the previous week—one basis point is equal to one hundredth of a percentage point. It follows...
Mortgage Mix: Execs Map Out 2024; Fed Calls for 3 Rate Cuts
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. -Top brass from some of the largest and most influential lenders in the country told RISMedia this week they are...
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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