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Leading Economic Indicators Fall Further, but Headwinds Have ‘Moderated’
The Conference Board Leading Economic Index (LEI), which measures indicators of significant turning points in the business cycle and where the economy is headed in the near term, posted yet another decline for the month of February, to the tune of 0.3%. After a 0.2% decline in January (upwardly revised from 0.3%), the index continued…
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Existing-Home Sales Rise in February; Outlook Positive for Year Ahead
After a slightly disappointing start to 2025, existing-home sales data reversed in February, seeing a rise in line with what was observed throughout much of the latter part of 2024. Existing-home sales rose 4.2% from a rate of 4.08 million in January to 4.26 million in February, according to the latest data from the National…
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Mortgage Rates Remain Steady
Mortgage rates remained steady this week, in a holding pattern in the mid-sixes now for several weeks. The latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.67%, up slightly from last week’s average of 6.65%. “The 30-year fixed-rate mortgage has stayed under 7% for nine…
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THE PLAYBOOK: How to Refocus Buyers Who Insist on Having It All
Editor’s Note: The Playbook is a monthly RISMedia segment centering on what brokers and agents are doing to ensure they not only survive but thrive in challenging times. Industry professionals explain the strategies they’re employing and unique ideas they’ve formulated. Check in on the third Thursday of every month for another addition to the series.…
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US existing home sales beat expectations in February - FRANCE 24 English
Wealthy Russian property buyers could return to London, says estate agency - Property Industry Eye
Surprise Fed move takes some pressure off of mortgage rates
