Inflation Unchanged in May; Neutral News for Potential Fed Rate Cut
The Consumer Price Index (CPI), an inflation gauge measuring goods and services costs across the U.S. economy, was unchanged in...
Economy
CFPB’s Inquiry Into Mortgage ‘Junk Fees’ Earns Mixed Reaction From Lenders
Rising closing costs are adding to homebuyers’ affordability woes, putting their dream of homeownership even further out of reach. In...
Mortgage Mix: Rates Slightly Down, Memorial Weekend Saw Application Adjustment
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....
May Sees a Stronger Jobs Report; Pros Give Mixed Reviews
The U.S. added 272,000 jobs to the market in May, higher than the average monthly gain of 232,000 over the...
Mortgage Rates Pull Back Again
Mortgage rates pulled back again after creeping up over 7% last week, ticking down to just under, averaging 6.99% this...
Mortgage Applications Continue to Fall as Rates Rise
Mortgage applications continued their downward trend from last week, decreasing 5.2% from one week earlier, according to data from the...
Mortgage Mix: Mortgage Rates Rise; CFPB Launches ‘Junk Fee’ Inquiry
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....
Inflation Numbers Show Little Progress; Interest Rate Cuts May Have to Wait
The personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce Department reported on May 31, matching a...
Mortgage Rates Move Up After Weeks of Dips
After three weeks of declines and a dip below 7%, the 30-year fixed rate mortgage average ticked back up this...
Mortgage Applications Fall in Response to Rate Uptick
As rates jumped back up above 7% last week, mortgage applications decreased 5.7% from one week earlier, according to data...
The Buyer Counseling Session is a Job Interview
Treat buyer counseling sessions with the same importance as a listing presentation. Learn to highlight what differentiates you from other buyer agents with the Accredited Buyer’s Representative (ABR®) designation. Learn more.
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