by | Dec 6, 2023 | Industry News, Latest News, National, News, Premier |
Mortgage applications increased for the fifth straight week, raising 2.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Dec. 1, 2023. Last week’s results include an...
by | Nov 30, 2023 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
The Personal Consumption Expenditures (PCE) index, maintained by the Bureau of Economic Analysis (BEA), tracks prices, consumer spending and fluctuations in them month to month. It is also the Federal Reserve’s preferred measure of inflation. If you want a sense of...
by | Nov 28, 2023 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
Consumer confidence increased from 99.1 in October to 102 in November, breaking a three month streak of decreases, according to the latest data from The Conference Board. “Consumer confidence increased in November, following three consecutive months of decline,” said...
by | Nov 17, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News |
In August, mortgage rates surpassed 7%, hitting a more than two-decade high. At the beginning of 2023, most housing-market watchers expected rates to drop steadily throughout the year, perhaps even falling back down to 6% by year’s end. But rates are remaining...
by | Nov 17, 2023 | Industry News, Latest News, National, News, Premier |
As mortgage rates continue to put pressure on the housing market, homebuilder confidence saw another dip in November, according to new data from the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index (HMI) found that builder...