Mortgage Rates Increase Ahead of the Holidays
Mortgage rates reversed course this week after several weeks of declines, but continue to make small moves around the mid- to upper sixes. This week the 30-year fixed-rate mortgage (FRM) averaged 6.72%, up from last week’s average of 6.60%, according to the latest...
Leading Index Reverses Course, Up for the First Time Since February
The Conference Board Leading Economic Index (LEI), which measures indicators of significant turning points in the business cycle and where the economy is headed in the near term, saw a rise for the first time in eight months and nearly completely reversed course from...
Fed Cuts Interest Rates by a Quarter-Point, Third Cut This Year
As widely expected, Federal Reserve (Fed) officials lowered interest rates again, marking the third cut this year—although markets wobbled based on projections of a slower pace of cuts going into 2025. During its final meeting of the year, the Federal Open Market...
Mortgage Applications Decrease After 5-Week Run
After five straight weeks of steady increases, mortgage applications decreased this week, along with refinance activity following a surge last week, after the first increase in mortgage rates in several weeks as well. Here’s what the Mortgage Bankers Association...
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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