Mortgage Rates Continue to Drop
With mortgage rates continuing their descent in recent weeks, borrowers who faced rates topping out at over 8% last year, ...
Tag: Real Estate Economics
Mortgage Applications Increase for Fifth Straight Week
With mortgage rates hitting six-week lows this past week, home-purchase applications saw their fifth-straight week of increases, driven primarily by ...
Inflation Up Again, According to December Consumer Price Index
After a year of inflation coming down, the last stretch of 2024 has seen a reverse course, per the latest ...
November Sees 227,000 New Jobs; Unemployment Stays Flat at 4.2%
Total nonfarm payroll employment rose by 227,000 in November—higher than expectations—and the unemployment rate changed little at 4.2%, the U.S. ...
Mortgage Rates Dip to Lowest Level in Over a Month
The 30-year fixed-rate mortgage (FRM) averaged 6.69% this week, down from last week’s average of 6.81% and falling to its ...
Mortgage Applications Increase for Fourth Straight Week
Mortgage applications continued their steady climb this week, increasing for the fourth-straight week as rates saw their lowest level in ...
Inflation Numbers Rise Slightly in October; Rate Hike Up in the Air
Inflation rose slightly in October as the Federal Reserve tries to decide how much it should lower interest rates, the ...
Mortgage Rates Slide Back Up This Week
Mortgage rates are continuing their hover in the upper sixes. The 30-year fixed-rate mortgage (FRM) ticked back up this week ...
Manufacturing Weakness Slows Economy, According to Leading Index
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Mortgage Applications Increase for Second Straight Week
While remaining elevated, mortgage rates have been leveling off in recent weeks, evidenced by a slight uptick in home purchase ...
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