Mortgage Mix: Rates Rise as Challenges Persist
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. Mortgage rates continued their rise this week, edging closer to 8%, according to Freddie Mac’s latest Primary Mortgage...
Leading Economic Indicators Fall Again
The Leading Economic Index (LEI) fell 0.7% in August to 104.6, marking a year and a half of consistent declines, according to the latest release from The Conference Board. August’s LEI is down 3.4% over the six-month period between March and September 2023—improved...
Mortgage Applications Hit 28-Year Low
After a brief bump last week thanks to ARM rates decreasing, home purchase applications decreased 6.9% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending October 13,...
Interest Rates Will Continue to Weigh on Economy, says Fannie Mae
The rapid rise in long-term interest rates over the past few months will likely weigh on future economic growth, according to the October 2023 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group. The ESR Group warns that an acute credit event...
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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