by Beth McGuire | Oct 2, 2025 | Industry News, Latest News, National, News |
As markets make their way through the government shutdown, delayed employment data and the latest Fed cut, mortgage rates saw a slight uptick this week, but are still well below recent averages. According to the latest Primary Mortgage Market Survey® (PMMS®) released...
by | Oct 2, 2025 | Brokers, Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The jobs report for September numbers from the U.S. Bureau of Labor Statistics (BLS), which was planned for Oct. 2, will not be released due to the federal government shutdown Oct. 1. A statement on the U.S. Bureau of Labor Statistics website reads: “This website is...
by | Oct 1, 2025 | Industry News, Latest News, National, News, Premier |
Mortgage application activity declined for the first time in two weeks. Applications had mostly fallen this year before experiencing a major jump ahead of the Federal Reserve’s (Fed) decision to cut interest rates by 0.25% in mid-September. The Mortgage Bankers...
by | Sep 30, 2025 | Industry News, Latest News, National, News, Premier |
The Conference Board Consumer Confidence Index revealed that consumer attitudes toward current and future economic conditions dropped by 3.6 points this September, from 94.2 points in August. The Present Situation index, which is based on consumers’ assessment...
by | Sep 29, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Above, Michelle Bowman. The Fed cut interest rates by 25 basis points at the September Federal Open Market Committee (FOMC) meeting, citing concerns about a weak labor market seen through reports of increasing unemployment. This rate cut was made despite inflation...