Mortgage Mix: Mortgage Market 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....
Economy
Latest Inflation Data Beats Expectations; Consumers Still Spending
While still ticking upward, the PCE index—the Federal Reserve’s preferred measure of price increases—rose less than expected today, fueling optimism...
NAR Outlines What a Government Shutdown Would Mean for the Real Estate Economy
If Congress is unable to agree on the provisions of a Continuing Resolution (CR) to fund the federal government by...
Mortgage Applications Decrease Following More Rate Hikes
The increase in mortgage applications last week was short-lived, as purchase applications fell this week, down 1.3% from one week...
Consumer Confidence Sees Another Dip in September
Consumer confidence fell for the second month in a row, from 108.7 in August to 103 in September, according to...
Leading Economic Indicators Continue to Trend Down
The Leading Economic Index (LEI) fell 0.4% in August to 105.4, continuing the recent downward trend, according to the latest...
Fed Pauses, But Projects Higher Rates Next Year
For just the second time in 19 months, the Federal Reserve chose today to meet without raising interest rates, leaving...
Consumer Sentiment Falls Again in September
Consumer sentiment fell 2.6% in September, according to data from the University of Michigan. “Sentiment this month was characterized by...
Mortgage Rates Inch Back Up
The 30-year fixed-rate mortgage (FRM) averaged 7.18% this week, back to where it was two weeks ago after a dip...
Economists Predict Longer-Term Housing Rally at RISMedia CEO & Leadership Exchange
Above: Bright MLS Chief Economist Dr. Lisa Sturtevant. Photo by AJ Canaria. In 1992, pundit James Carville coined the phrase...
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.
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