Mortgage application activity inched up for the week ending July 18, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.8% on a seasonally adjusted basis from...
A Phil Hall Op-Ed: Yesterday, I was listening to a morning television show that featured an interview with Eric Teetsel, the CEO of the Center for American Renewal, a conservative advocacy group that promotes itself as being “created to confront the woke and...
A total of 10,775 homes were sold across Virginia in June, up nearly 8% from one year earlier. However, year-to-date sales activity through June is 0.5% lower than last year. According to data from Virginia Realtors, there were 23,755 active listings on the market...
Alabama recorded 6,724 home sales in June, an 8.2% increase from May and a 10.9% upswing from June 2024. The Alabama Association of Realtors said the state had 20,298 active listings at the end of June, a 22.7% spike from 16,549 recorded one year ago. Alabama’s median...
In the wake of ongoing attacks and insults from the Executive Branch against the central bank, the Trump administration is making unsubstantiated claims that Federal Reserve Chairman Jerome Powell has hired a public relations agency specializing in crisis...
A fake letter designed to give the appearance that Federal Reserve Chairman Jerome Powell was resigning was posted and later deleted on social media by Sen. Mike Lee (R-UT) and conservative commentator Benny Johnson. CNBC reports the letter was addressed to “The...
