by Jesse Williams | Sep 15, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, Luxury, National, News, Premier, Teams |
On the rise since the beginning of the year, mortgage rates continued their upward trajectory this week, rising above 6% for the first time since 2008. The 30-year fixed-rate mortgage (FRM) averaged 6.02% this week, up from 5.89% last week, according to the latest...
by | Aug 10, 2022 | Agents, Brokers, Consumer, Economy, Latest News, National, News |
It’s still not good, but “better” is great news right now. That appears to be the consensus from economists after the latest inflation data from the Bureau of Labor Statistics (BLS) showed prices are finally starting to come down, with the Consumer Price...
by Jesse Williams | Jun 30, 2022 | Agents, Business, Consumer, Industry News, Latest News, Lead Story, Luxury, National, News, Premier, Teams |
After several sharp spikes and nearly doubling over the last year, mortgage rates took a breather this week, decreasing from 5.81% the previous week to 5.7% this week, according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac, released Thursday....
by Jesse Williams | Jun 16, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
“Comparing anything to 2020 or 2021, it doesn’t make any sense.” That is the conundrum—summed up frankly by Anne Marie DeCatsye, CEO of the Canopy REALTOR® Association in Charlotte, North Carolina—for anyone trying to parse out the current real estate market. As...
by Jesse Williams | Jun 1, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
As home prices have shown no signs of slowing through the first half of this year, researchers who have been tracking so-called “overvalued” housing markets since 2020 are warning some metros have become “a risky bet” as their methodology shows a dangerous disconnect...
by Jesse Williams | Jun 1, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications decreased 2.3% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA), released Thursday. The drop marks the third straight week of declines, indicating that market...