
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…
The post Leading Economic Indicators Fall Further, but Headwinds Have ‘Moderated’ appeared first on RISMedia.
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…
The post Existing-Home Sales Rise in February; Outlook Positive for Year Ahead appeared first on RISMedia.
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…
The post Mortgage Rates Remain Steady appeared first on RISMedia.