Fed Chair Jerome Powell Plays Coy About Rate Cuts in Senate Hearing
Federal Reserve Chair Jerome Powell testified before the Senate Committee on Banking, Housing and Urban Affairs, mostly dodging questions about...
Economy
Fed in No Rush to Cut Rates Until ‘Greater Confidence’ in Taming Inflation
At their June meeting, Federal Reserve members acknowledged there’s been notable progress in lowering inflation, but it’s not going as...
Consumer Sentiment Continues to Waver in June
Consumer sentiment continued to waver in June, as economic signs gave little hope for inflation relief in the near future....
Rate Cuts Possible as Inflation Numbers Show Progress
Finally, inflation numbers open up the door for the Federal Reserve to potentially cut rates this September. The personal consumption...
Mortgage Mix: United Mortgage Faces Backlash; AI Use in the Industry Grows
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 Applications Rise for Third Straight Week
Mortgage applications rose for the third straight week as mortgage rates continue to drop, increasing 0.8% from one week earlier,...
Consumer Confidence Reverses Course and Decreases in June
As consumers continue to see little relief from inflation—with the Consumer Price Index registering no change in May and the...
Harvard Report Shines Light on Affordability Crisis and ‘Alarming’ Rates of Housing Cost Burden
The Joint Center for Housing Studies (JCHS) of Harvard University recently released its annual “State of the Nation’s Housing,” and...
Mortgage Applications Continue to Rise This Week
Mortgage applications continued their upward trend and increased 0.9% from one week earlier, according to data from the Mortgage Bankers...
Mortgage Mix: Bureau Takes Aim at ‘Junk Fees,’ Rates Dip Down Further
This week we reported on the Consumer Financial Protection Bureau’s (CFPB) inquiry into mortgage “junk fees” that are typically added...
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.
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