Economists Weigh in on the Future of First-Time Buyers
Although we're in the midst of a market correction, the future of the housing market is still up in the...
Economy
Mortgage Mix: Affordability Improves as Mortgage Rates Level Off
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....
U.S. Employment Soars, With 353,000 Jobs Added in January
Job growth was unexpectedly strong in January, with companies adding workers at the robust pace of 353,000 last month, another...
Fed Requires ‘Continuing Evidence’ of Inflation Decrease Before a Rate Cut
As expected, the Federal Reserve indicated that rate cuts aren’t in proximity unless there is “continuing evidence” revealing inflation is...
Fresh Economic Data Give Clues to Where Mortgage Rates May Be Headed
Mortgage industry analysts have been watching and waiting to see what the Federal Reserve will do—or say—next about rate cuts....
Consumer Confidence Hits Two-Year High
Consumer confidence increased 6.8 points to 114.8 in January, the third consecutive month of increases and the highest reading seen...
Mortgage Mix: loanDepot’s 16.6 Million Cyber Attack Update—We’re Making Progress
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....
Inflation Numbers Show Progress; Lower Mortgage Rates Possible Soon
The personal consumer expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, increased 0.2% in December, according to...
Consumer Sentiment Soars in January
Consumer sentiment grew an astounding 13.1% in January, following a sharp increase in December, according to data from the University...
Fed Governor Offers Optimistic View of Rate Cuts, Economy in 2024
In a speech sponsored by the think tank Brookings Institution, Federal Reserve Governor Chris Waller said he feels more confident...
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