by | Nov 15, 2024 | Economy, Industry News, Latest News, National, News, Premier |
“Will the Fed cut interest rates?” That’s a question on everyone’s mind whenever Federal Reserve Chair Jerome Powell speaks publicly—including his November 14 speech before the Dallas Regional Chamber and World Affairs Council of Dallas. The event, which included...
by Beth McGuire | Nov 14, 2024 | Industry News, Latest News, National, News, Premier |
After six straight weeks of increases, mortgage rates leveled off this week, rounding out a host of recent market-moving events including the election, a 25-basis point cut by the Fed and the first annual inflation increase in seven months. The 30-year fixed-rate...
by | Nov 13, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
As the mortgage industry continues to see some mixed signs—rates rising and falling, applications decreasing and so on—Rocket Companies continues to find success, as reported in their Q3 2024 earnings report and call. Rocket reported a total revenue of $647 million...
by Beth McGuire | Nov 13, 2024 | Industry News, Latest News, National, News, Premier |
After several weeks of decreases, mortgage applications bumped up this week, increasing 0.5% from last week’s somewhat notable decrease of 10.8%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week...
by | Nov 13, 2024 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The latest Consumer Price Index (CPI) reading from the Bureau of Labor Statistics holds eye-catching news: annual inflation is up. Previously, inflation had been decreasing consistently enough that the Federal Reserve once more cut interest rates (albeit only by 25...