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...
Economy
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...
Mortgage Applications Decrease This Week, Reaching Lowest Level Since 1996
Mortgage applications decreased 0.8% from one week earlier, when it decreased 2.9%, according to the latest Weekly Mortgage Applications Survey...
Inflation Rises Again, Though Economists Stay Optimistic
For the second month in a row, inflation is up, as the last Consumer Price Index (CPI) report before the...
Brokers Brace for Difficult Rebalancing Ahead of Winter
Also very notable and potentially worrying: RISMedia’s Broker Confidence Index (BCI) just hit its lowest point of the year,...
Mortgage Mix: Rates and Applications This Week
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 Lending Grows in Q2 2023
The total number of mortgages secured by residential property increased to 1.56 million during Q2 2023, according to a new...
Mortgage Delinquencies See No Change in June
For the month of June, 2.6% of all mortgages in the U.S. were in some stage of delinquency, unchanged from...
Why 93% of Clients Ditch Their REALTOR®
Here’s how you retain them and build a book of business that lasts. Watch now.
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