by | Jun 7, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The U.S. added 272,000 jobs to the market in May, higher than the average monthly gain of 232,000 over the prior 12 months, according to the latest data from the Bureau of Labor Statistics. The unemployment rate saw little change at 4% as well as the number of...
by | Jun 6, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage rates pulled back again after creeping up over 7% last week, ticking down to just under, averaging 6.99% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: The 30-year FRM...
by | Jun 5, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage applications continued their downward trend from last week, decreasing 5.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 31, 2024. This week’s results...
by | May 31, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. –Mortgage rates ticked back up above 7% after weeks of declines, according to the latest data from Freddie Mac....
by | May 31, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce Department reported on May 31, matching a similar gain in March. It’s not a wholly positive sign for those hoping that the U.S. central bank will cut interest rates soon, as...
by Beth McGuire | May 30, 2024 | Economy, Industry News, Latest News, National, News, Premier |
After three weeks of declines and a dip below 7%, the 30-year fixed rate mortgage average ticked back up this week to 7.03%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: The 30-year FRM...