by | Jun 14, 2024 | Economy, Industry News, Latest News, National, News, Premier |
This week we reported on the Consumer Financial Protection Bureauās (CFPB) inquiry into mortgage ājunk feesā that are typically added onto closing costs. Launching a formal inquiry into the issue, CFPB filed a Request for Information notice that was published June 6...
by | Jun 13, 2024 | Economy, Industry News, Latest News, National, News, Premier |
On the heels of the Fed standing firm on keeping its benchmark rate unchanged, mortgage rates trickled down again this week, with the 30-year-fixed rate mortgage averaging 6.95%, according to the latest Primary Mortgage Market SurveyĀ® (PMMSĀ®) from Freddie Mac released...
by | Jun 12, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage applications shifted course and increased 15.6% from one week earlier, according to data from the Mortgage Bankers Associationās (MBA) Weekly Applications Survey for the week ending June 7, 2024. This weekās data: The Market Composite Index, a measure of...
by | Jun 12, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The Consumer Price Index (CPI), an inflation gauge measuring goods and services costs across the U.S. economy, was unchanged in May on a seasonally adjusted basis, after rising 0.3% in April, the U.S. Bureau of Labor Statistics reported June 12.Ā After hitting a...
by | Jun 10, 2024 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Rising closing costs are adding to homebuyersā affordability woes, putting their dream of homeownership even further out of reach. In an attempt to combat this, the Consumer Financial Protection Bureau (CFPB) is taking aim at so-called mortgage ājunk feesā that are...
by | Jun 7, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Editorās Note: The Mortgage Mix is RISMediaās weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. As reported by Freddie Mac, mortgage rates have āpulled back.ā After being above 7% the final week of May, the first...