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Inflation slowly ticked back up according to the Bureau of Economic Analysis (BEA) in its latest report, coinciding with several economic challenges faced throughout July.  The Personal Consumption Expenditures (PCE) price index rose 0.2% month-over-month in July, a minor increase after June’s index fell 0.1%, according to the report. On a yearly basis, inflation’s pace…

The post Inflation Ticks Back Up, Reaches Nearly Double Fed’s 2% Goal appeared first on RISMedia.

Accompanying buyers to tour homes can be a more slippery endeavor than most agents realize. Clients will always share the big things they like about a home, and often ones they don’t like. But many may not provide opinions about “minor” turnoffs, especially if they feel they could be insulting to the owners. So it’s…

The post Subtle Scent and Sight Signals That Can Swiftly Stymie Sales appeared first on RISMedia.

For the lucky (or prescient) people who stacked some Bitcoin back when the digital currency sold for a few dollars instead of tens of thousands, there aren’t a lot of direct benefits if you don’t cash out. Crypto doesn’t pay dividends, and not a lot of banks are excited to see your bitcoin as collateral…

The post AI-Lender Better Launches Crypto Down Payment Loan appeared first on RISMedia.

Economic uncertainty has once again put pressure on mortgage applications, taking a downturn in response to mortgage rates rising once again, according to the latest data. The Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey saw applications dip 1% for the week ending Aug. 21. On an unadjusted basis, applications dipped 2%.  MBA’s Vice President…

The post Refinance Activity ‘Dampened’ Due to Continued Economic Challenges appeared first on RISMedia.

Younger Americans often hear lectures from their older counterparts on what it means to be an adult, and the importance of eventually owning a home. A stereotypical baby boomer may admonish millennials and Gen Z for not yet owning a home, believing that these young adults are simply content to remain unemployed and dwell in…

The post Nests Remain Full as Unaffordability Keeps ‘Shadow Buyers’ at Home appeared first on RISMedia.