by | Feb 28, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage applications decreased 5.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 23, 2024. This week’s numbers: The Market Composite Index, a measure of mortgage...
by Beth McGuire | Feb 23, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Good news for homeowners: Mortgage delinquencies are on the decline, dropping to their lowest point since October 2023, according to Intercontinental Exchange’s (ICE) First Look at January 2024’s mortgage performance data. The national mortgage delinquency rate dipped...
by | Feb 22, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Nearing a return to 7% territory, the 30-year-fixed-rate mortgage continued its ascent this week, up to 6.9% from last week’s average of 6.77%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers:...
by Beth McGuire | Feb 20, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The Conference Board Leading Economic Index® (LEI) for the U.S. declined by 0.4% in January 2024 to 102.7, following a 0.2% decline in December 2023. The LEI contracted by 3.0% over the six-month period between July 2023 and January 2024, a smaller decrease than the...
by | Feb 16, 2024 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
Consumers’ feelings continue to thaw toward the economy this winter, according to the latest data from the University of Michigan. Consumer sentiment grew an astounding 0.8% in February, following a 13.1% leap in January and a sharp increase in December. “The...
by | Feb 15, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Continuous rate pauses from the Fed coupled with cooling mortgage rates have homebuilders feeling more and more positive, according to new data from the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index (HMI) found that builder...