by Jesse Williams | Feb 23, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The Federal Housing Administration (FHA) will be lowering mortgage insurance premiums (MIPs) by 30 basis points, from 0.85% to 0.55%, the Department of Housing and Urban Development (HUD) announced in conjunction with Vice President Kamala Harris. “For this country to...
by Jesse Williams | Feb 23, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.50% this week, up from 6.32% last week, a third-straight week of upticks, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. Latest numbers: 30-year fixed-rate mortgage...
by Jesse Williams | Feb 23, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The total number of loans now in forbearance decreased by 6 basis points, from 0.7% in December to 0.64% in January, as stated in a new report from the Mortgage Bankers Association (MBA). According to the MBA’s latest monthly Loan Monitoring Survey, 320,000...
by Jesse Williams | Feb 23, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
U.S. single-family rental price growth rose by 6.4% year over year in December 2022, compared with the 12.1% gain recorded in December 2021, according to a new report from CoreLogic. CoreLogic’s latest Single-Family Rent Index found that December marked the eighth...
by Jesse Williams | Feb 22, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Halfway through a positive but uneventful Q4 company earnings call on February 21, CoStar CEO Andy Florance suddenly changed gears dramatically, announcing that the company would not be acquiring realtor.com® from News Corp. Speculation had been rampant for the last...