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 | Nov 1, 2023 | Industry News, Latest News, National, News, Premier |
Hitting their third week of declines, mortgage applications decreased another 2.1% from the previous week’s slight 0.1% dip, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending October 27, 2023....
by | Oct 31, 2023 | Industry News, Latest News, National, News, Premier |
The latest S&P CoreLogic Case-Shiller Index, tracking home price data changes in August 2023, shows the same result it has for the last six months: home prices are going up. After steadily declining since early 2022, home prices (and the index) reversed course in...
by | Oct 27, 2023 | 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. Mortgage rates continued their rise this week, edging closer to 8%, according to Freddie Mac’s latest Primary Mortgage...
by Beth McGuire | Oct 26, 2023 | Industry News, Latest News, National, News, Premier |
Real gross domestic product (GDP), the most accurate measure of a country’s broad economic growth, defied expectations in the third quarter, showing the economy grew at an annualized pace of 4.9%, according to the latest “advance” estimate from the U.S. Commerce...