Fed’s Preferred Inflation Gauge Rose Again at the End of 2024
The Federal Reserve declined to cut interest rates any further at its latest meeting—and the Fed’s preferred inflation metric now...
Economy
Consumer Confidence Continues Slide, Remains Above Recession Line
Consumer confidence continued to slide down in January, according to data from The Conference Board, however, experts feel the downtrend...
Mortgage Rates See Slight Reversal, Trending Down
In a slight reversal of the past month’s trends, the average 30-year mortgage rate decreased from its average last week...
Forward-Looking Economic Index Reads Flat, but ‘Fewer Headwinds’ in 2025
The Conference Board Leading Economic Index (LEI), which measures indicators of significant turning points in the business cycle and where...
Little Change in Mortgage Applications This Week
Mortgage applications barely increased this week amid lingering high mortgage rates, but the increase was enough to push home purchase...
America’s Housing Affordability Crisis: Perspectives From the New York Fed Event
Housing affordability remains a main concern—not just for individuals looking to buy their first home, but for the broader economy,...
Inflation Up for the Third Straight Month, Though Economists See Silver Lining
Inflation continues to rise after a seven-month decline from early in 2024, reversing the trend seen from March to September,...
Big Job Gains in December; Unemployment Rate Unchanged
Total nonfarm payroll employment increased by 256,000 in December, and the unemployment rate changed little at 4.1%, the U.S. Bureau...
Fed Predicts Inflation Will Fall, but Slower Than Anticipated in 2025
The Federal Reserve (Fed) has predicted that inflation will continue to slow in 2025, albeit at a slower pace than...
Mortgage Mix: Lawsuit Between Luminate Home Loans and Better Home & Finance Evolves
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday...
Social Skills: AI Tools to Take Advantage of in Your Marketing
Not only can AI be used for the more complicated tasks of capturing and understanding data, but it has become a strong tool to implement in business marketing. Read more.
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