The Consumer Price Index (CPI) was up 0.2% from June to July 2024 and up 2.9% from a year ago, according to the latest data from the U.S. Bureau of Labor Statistics.... Read more »
Investors who fund most mortgages have already priced in several rate cuts, so further declines could depend on what next week’s “dot plot” says about expectations for the pace of future cuts.... Read more »
NAR Chief Economist Lawrence Yun issued the following statement on today’s jobs report data: “Mortgage rates are plunging on the news of weak job growth and rising unemployment. The 4.3% unemployment rate... Read more »
CNBC’s Diana Olick joins ‘The Exchange’ to discuss the latest reports on mortgage rates. Source link Read more »
Bond market investors who fund most mortgage loans are increasingly convinced the latest inflation numbers mean the Federal Reserve won’t cut rates in June. At Inman Connect Las Vegas, July 30-Aug. 1... Read more »
So far, we have held the line on the market pricing in three rate cuts, but today was a clear break from that. Earlier in the year, the market got well ahead... Read more »
DataTrace, which now operates more than 1,800 U.S. title plants, says the remarkable granularity of its data can help identify renters who are getting ready to buy, empty nesters and fix-and-flip investors.... Read more »
Nations Direct Mortgage will provide services through Kroll at no cost to the recipient for 24 months. The identity monitoring services include credit monitoring, a web watcher, $1 million in identity fraud... Read more »
Three Bayview Asset Management-owned mortgage servicers are seeking to halt a plaintiff’s filing in a data breach lawsuit, citing an overabundance of confidential information shared about the incident, National Mortgage News first... Read more »
It’s no secret that homeowners search online to find a listing agent who can sell their home quickly and for top dollar. But what if you could find them first? What if... Read more »