Here’s What Moves Mortgage Rates—and Why It’s Not Always the Fed
When the Federal Reserve raises or lowers its benchmark interest rate, many people expect mortgage rates to follow suit. But the relationship isn’t that straightforward. The federal funds rate—the rate banks charge each other for overnight loans—has an indirect...
Mortgage Mix: Eleventh Circuit Vacates One-to-One Consent Rule on Robocalls
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. Eleventh Circuit vacates one-to-one consent rule on robocalls This past week in a robocalls case, “Insurance...
Report Shows Equity-Rich Locations Are Saturated Throughout Much of the U.S.
A new report from ATTOM Data shows that equity-rich locales remain concentrated in certain areas, with at least half of all homes with a mortgage considered equity rich located in more than 40% of U.S. zip codes. A mortgage is considered “equity-rich” if the remaining...
Mortgage Rates Edge Downward, Little Change From Last Week
Mortgage rates inched lower this week, still hovering below 7% but showing little change since earlier this month. The latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.95%, down...
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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