by Beth McGuire | Sep 12, 2024 | Industry News, Latest News, National, News, Premier |
Good news for those hoping for more decreases in mortgage rates this week, however the same challenges persist regarding affordability and inventory, preventing a meaningful break in the hindered housing market. The 30-year fixed rate mortgage averaged 6.20% this...
by Beth McGuire | Sep 11, 2024 | Industry News, Latest News, National, News, Premier |
Home purchase applications edged up for the third straight week, increasing 1.4% from last week’s increase of 1.6%, as mortgage rates hit their lowest level in six weeks and a 25-basis point interest rate cut by the Federal Reserve is likely in the offing. This week’s...
by | Sep 6, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Ahead of a key Federal Reserve meeting later this month to set interest rates, total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate changed little at 4.2%, the U.S. Bureau of Labor Statistics reported Aug. 6. The gains were weaker...
by | Sep 5, 2024 | Agents, Brokers, Economy, Industry News, Latest News, National, News, Premier |
Above, CoreLogic Chief Economist Selma Hepp. Photo credit: AJ Canaria WASHINGTON D.C.—The economy right now is “weird.” It also might be on the verge of some big changes. In contrasting, high-profile addresses delivered at RISMedia’s CEO & Leadership Exchange...
by | Aug 30, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. – A Federal Reserve interest rate cut is looking more and more imminent with this month’s Personal...