by | Aug 26, 2025 | Economy, Industry News, Latest News, National, News, Premier |
The Conference Board Consumer Confidence Index declined by 1.3 points this month to 97.4 from 98.7 in July, reflecting consumers’ rising concerns regarding stock prices, interest rates and the labor market overall. The Present Situation Index, which considers...
by | Aug 22, 2025 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
During his highly anticipated eighth and final speech at the annual Jackson Hole Economic Policy Symposium in Wyoming, Federal Reserve Chair Jerome Powell signaled that the central bank is ready to ease its monetary policy. “Our policy rate is now 100 basis points...
by | Aug 21, 2025 | Industry News, Latest News, National, News, Premier |
Mortgage rates have leveled out, remaining this week at the lowest percentage seen since October, according to the latest Primary Mortgage Market Survey® from Freddie Mac. “Over the summer, rates have come down and purchase applications are outpacing 2024, though a...
by | Aug 21, 2025 | Economy, Industry News, Latest News, National, News, Premier |
The economy is slowing overall, continuing a less than ideal market to become a homebuyer, per the latest findings from the nonprofit Conference Board on Leading Economic Indicators (LEI). In July, the LEI experienced a mere 0.1% drop from June, compared to June’s...
by | Aug 21, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The latest Federal Open Market Committee (FOMC) meeting held by the Federal Reserve (Fed) concluded with the decision to maintain the current interest rate from 4.25% to 4.5%, which went into effect July 31. The meeting minutes reveal that while unemployment remains...