by Beth McGuire | Aug 7, 2025 | Industry News, Latest News, National, News |
The average 30-year fixed mortgage rate dropped nine basis points since last week, its lowest level since April. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the 30-year fixed-rate mortgage (FRM) averaged 6.63% this...
by Beth McGuire | Aug 7, 2025 | Industry News, Latest News, National, News |
Above, Andowah Newton The National Association of Realtors® (NAR) has announced the appointment of Andowah Newton as vice president, litigation and associate general counsel. A seasoned litigator and strategic legal advisor with deep experience spanning corporate...
by Beth McGuire | Aug 7, 2025 | Industry News, Latest News, National, News |
The Federal Housing Finance Agency (FHFA) has announced it will allow Fannie Mae and Freddie Mac, the two government sponsored enterprises (GSEs) it serves as chief regulator of, to invest up to $2 billion each in the Low-Income Housing Tax Credit (LIHTC) market as...
by Beth McGuire | Aug 6, 2025 | Industry News, Latest News, National, News |
Despite the ongoing pressures and challenges that have remained in the news about the U.S. residential real estate market–elevated rates, affordability woes, economic uncertainty, new mandates in the wake of an historic wave of lawsuits, to name a few–agents who are...
by Beth McGuire | Aug 6, 2025 | Industry News, Latest News, National, News, Premier |
Mortgage applications saw their second week in a row of increases, this past one fueled by declining Treasury yields and the subsequent mortgage rate declines that typically follow. Experts are mixed on these results as a plus for some borrowers but also as a reason...