by Beth McGuire | Mar 21, 2024 | Industry News, Latest News, National, News, Premier |
After two consecutive weeks of declines, mortgage rates are back on the rise this week, up to 6.87% from last week’s average of 6.74%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: The...
by Beth McGuire | Mar 21, 2024 | Industry News, Latest News, National, News, Premier |
The Leading Economic Index (LEI) increased by 0.1% in February to 102.8, marking the first time in two years the business-cycle monitor showed an uptick, thanks in part to residential construction, according to the latest release from The Conference Board. According...
by Beth McGuire | Mar 20, 2024 | Industry News, Latest News, National, News, Premier |
The Fed left rates unchanged Wednesday but it did indicate it will cut rates three times before the end of the year. The central bank said it needs to see inflation move more sustainably toward its target 2% goal before initiating rate cuts. “Recent indicators suggest...
by Beth McGuire | Mar 20, 2024 | Brokers, Industry News, Latest News, National, News, Premier |
Above, Cory Vasquez, left, and Vinnie Tracey Realty ONE Group International announced several high-level promotions Monday, including the promotion of Cory Vasquez, who will maintain her role as the company’s Chief Marketing Officer while moving into a co-president...
by Beth McGuire | Mar 20, 2024 | Industry News, Latest News, National, News, Premier |
Following a rise in mortgage rates last week, mortgage applications decreased 1.6% from after last week’s 7.1% increase, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending March 15, 2024. ...