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Consumer Confidence Continues Slide, Remains Above Recession Line

Consumer confidence continued to slide down in January, according to data from The Conference Board, however, experts feel the downtrend is not outside of the range it’s been in the past few years. “Consumer confidence has been moving sideways in a relatively stable, narrow range since 2022. January was no exception,” said Dana M. Peterson,… […]

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Mortgage Rates Continue to Slide Down

Seeing their fourth week of declines, the 30-year fixed-rate mortgage (FRM) averaged 7.29% this week, down from last week’s dip to 7.44%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Wednesday, Nov. 22. This week’s results include an adjustment for the observance of Thanksgiving. This week’s numbers:  The 30-year FRM… […]

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Pending Home Sales Slide 2.6% in November

Pending Home Sales Slide 2.6% in November Despite the fall in month-over-month pending sales, contract signings were up 16.4% from one year ago and reached a record high for November. Media Contact:  Quintin Simmons 202-383-1178

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