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Latest inflation data ups the odds of a December Fed rate cut

USA Real Estate News-Inman - Wed, 2024-11-27 17:07
Progress in taming inflation slowed in October, but futures market investors think the latest numbers up the odds of another Federal Reserve rate cut next month.

Homebuyer interest surges on slight pullback in mortgage rates

USA Real Estate News-Inman - Wed, 2024-11-27 15:54
Applications for purchase loans jumped 12 percent week over week and 52 percent from a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association.

As NAR settlement wins approval, Batton II commission lawsuit grows

USA Real Estate News-Inman - Wed, 2024-11-27 15:47
Twenty-two homebuyers across 19 states were added to the list of plaintiffs in the Batton case Tuesday while eXp continued to push for a delay in a separate commission case known as Gibson.

RE/MAX scores recruiting victories in Arizona, Indiana

USA Real Estate News-Inman - Wed, 2024-11-27 13:30
A team in Tuscon will now become a franchise known as RE/MAX Horizon, while an ERA franchise in Indiana is rebranding to RE/MAX First Integrity.

What real estate agents can learn from the sale of a $6.2M banana

USA Real Estate News-Inman - Wed, 2024-11-27 12:21
Value is not in the object itself, it’s in the perception, author and coach Darryl Davis writes. Your worth as an agent is defined by how you position yourself and your services (and it’s priceless).

Inflation Numbers Rise Slightly in October; Rate Hike Up in the Air

USA Real Estate News-RISMedia - Wed, 2024-11-27 11:57

Inflation rose slightly in October as the Federal Reserve tries to decide how much it should lower interest rates, the Commerce Department reported November 27. The PCE price index increased 0.2% in October. Excluding food and energy (so-called “core inflation”), the PCE price index increased 0.3%. The price of goods increased less than 0.1% and…

The post Inflation Numbers Rise Slightly in October; Rate Hike Up in the Air appeared first on RISMedia.

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