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 ...
Tag: Real Estate Economics
Fannie Mae: Higher Mortgage Rates Likely to Keep Existing Home Sales Near Multi-Decade Lows
The recent jump in the 10-year Treasury yield and the resulting rise in mortgage rates are expected to continue to ...
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 ...
Mortgage Rates Climb Over 7%
Still on the upswing, the average 30-year fixed rate mortgage ticked up over 7% this week, marking its fifth straight ...
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, ...
Mortgage Applications Jump 33% Despite Rates Reaching Recent Highs
The latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey Mortgage shows applications increasing 33.3% from one ...
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 ...
Mortgage Rates Continue to Trend Up
As the new year gets underway, average 30-year mortgage rates continue to trend up, moving upwards from their average last ...
Are Traditional CRMs on the Brink of Extinction?
Lofty’s AI-powered platform is becoming the preferred solution for real estate teams and brokerages looking to increase agent productivity and accelerate revenue growth. Read more.
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