Mortgage Rates Flat This Week, but Not a Bad Sign
The 30-year fixed-rate mortgage (FRM) flattened this week, from last week’s average of 6.77% to a current average of 6.78%,...
Economy
NAR’s Yun Predicts Interest Rate Cuts, With More to Come in 2025
Interest rates may be seeing their first cut this fall, possibly even as soon as September, according to the National...
Mortgage Rates Continue to Fall as Other Economic Factors Cool
The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.89% to an average of...
Economic Index Fell Slightly in June; Year-Over-Year Growth More Positive
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in...
Mortgage Applications Reverse Course, Rise as Rates Fall
Mortgage applications rose this week as mortgage rates saw a decrease, increasing 3.9% from one week earlier, according to data...
Fed Chair Powell: We Don’t Have to Wait for 2% Inflation to Drop Rates
In a surprising statement made during a speaking engagement at the Economic Club of Washington D.C. on July 15, Federal...
Mortgage Mix: Powell Grilled on Inflation; Rates Once Again Back Below 7%
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....
Report: Share of Homeowners With Sub 5% Mortgage Rate Shrinks Significantly
The mortgage market has been going through a gradual change as it adjusts to higher-for-longer interest rates. With this shift,...
Biden Lauds CPI’s June Inflation Data; Lower Rates May Be on the Way
Mortgage rates may finally start to begin a steady lower trajectory nationally following encouraging news on inflation. The Consumer Price...
Mortgage Applications Dip, Refinance Activity Down Almost 35% as Rates Remain Elevated
As the 30-year average mortgage rates teased 7% this past week, mortgage application activity saw a second-straight week of decreases,...
The Real Estate Space Race: How Leaders Are Amping Up Training in the Post-Settlement Landscape
It’s possible to increase your efficacy in the face of the change, instead of allowing it to paralyze you with fear. Read more.
Business Tip of the Day provided by
