Mortgage Rates Continue to Hover in the Mid-Six Percent Range
The 30-year-fixed-rate mortgage changed little this week, averaging 6.66%, a slight increase from last week’s average of 6.62%, according to...
Economy
Consumer Price Index Continues Slow Rise in December
Inflation saw another small rise in December, continuing the 0.1% rise seen in November. Following the two recent consecutive pauses...
Interest Rates Will Remain Elevated, According to NY Fed President
Interest rates will remain high for “some time,” according to recent comments made by New York Federal Reserve President John...
Mortgage Applications See Improvement This Week
After a two-week period of decreases over the recent holiday season, mortgage applications increased 9.9% from one week earlier, according...
Unemployment Remains Unchanged at 3.7%
The U.S. added 216,000 jobs in December, and the unemployment rate was unchanged at 3.7%, according to the latest Employment...
Mortgage Rates Continue Their Fall Below 7%
The 30-year fixed-rate mortgage continued its fall below 7% this week, averaging 6.67% this week, down from the previous week’s...
Leading Economic Index Fell Again in November
The Conference Board Leading Economic Index (LEI) for the U.S. declined by 0.5% in November to 103, following a decline...
Mortgage Applications Reverse Course
Following a strong seven-week stretch of increases, mortgage applications fell 1.5% this week, down from last week’s 7.4% rise, according...
Mortgage Mix: Signs Point to Better Times in 2024
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....
Many Brokers See ‘Flip’ to Buyer’s Market in 2024
Despite broker sentiment hitting a yearly low in November—at exactly the same time as it did last year—there are larger...
4 Vital Metrics to Assess Your Team’s Business
Though many have tried, no one has yet succeeded in turning the practice of buying and selling homes into an equation that can be worked out and solved on paper. Read more.
Business Tip of the Day provided by
