Mortgage Rates Increase for Third Consecutive Week
Economists may see the ongoing steady job growth and strength of the economy as the backdrop for the recent, sharp reversal in mortgage rate decreases, but data shows homebuyers are holding out for lower rates just the same. The 30-year-fixed-rate mortgage averaged...
Homebuilder Confidence Continues to Rise as Inflation Eases
As inflation eases—with the latest Consumer Price Index reporting the smallest annual increase since February 2021—builder confidence continues to steadily rise, according to the latest National Association of Home Builders (NAHB) data. The NAHB/Wells Fargo Housing...
Mortgage Applications Continue Decline
With mortgage rates rising for the last three weeks, the Mortgage Bankers Association (MBA) is reporting another week of declining home purchase applications. According to the latest Weekly Applications Survey, mortgage applications decreased 17.0% from one week...
Consumer Sentiment Shifts From Gains to Slight Decline
A key skill to being a real estate agent is judging a buyer’s mood. So how are consumers feeling on a wide scale? Consumer sentiment dipped slightly in the early days of October 2024, from 70.1 to 68.9, per the latest report for the University of Michigan. This...
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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