During the week that mortgage rates very briefly touched down into the 5% range, mortgage applications increased 7.4%, according to the latest reading from the Mortgage Bankers Association. Still, mortgage demand is down 58% from a year prior. Mortgage […]
Mortgage rates are on a declining trend, but don’t be fooled – the industry’s efforts to rightsize from a pandemic boom will continue through 2023. Up to 30% of the 1,000 largest independent mortgage banks […]
Hosts on Airbnb have found more than just supplemental income by sharing their places, from cultivating meaningful guest connections to discovering newfound passions for design and hospitality. For Hosts who list the home in which […]
Homelendia Mortgage LLC, a Florida-based mortgage brokerage franchisor, launched its mortgage brokerage franchises this week, offering individual unit and regional opportunities to qualified individuals, teams, brokerages and loan originators. According to a statement from the company, “Homelendia Mortgage will offer […]
U.S. stocks closed Wednesday lower as another bout of earnings results hit traders’ desks and Wall Street weighed the outlook for interest rates after Federal Reserve Chair Jerome Powell signaled more hikes may be needed […]
There is a saying in the world of monetary policy: only hawks go to central-banker heaven. Among the men and women charged with managing their economies’ money, the fortitude to rein in an economy which is […]
Dec 11 (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday forecast a substantial reduction in U.S. inflation in 2023, barring an unexpected shock. “I believe by the end of next year you will see […]
February 2007 Great question. Unfortunately, there isn’t a standard answer, although there is a well-known joke economists like to tell regarding the difference between the two. But, let’s come back to that later. Recession Let’s […]
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