by | Feb 9, 2024 | Industry News, Latest News, National, News, Premier |
The latest Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) from the National Association of Home Builders finds that home affordability remains at a near record low as of Q4 2023. The report attributes this to elevated mortgage rates, high...
by | Feb 9, 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 saw very little movement this week, according to the latest Primary Mortgage Market Survey from Freddie...
by | Feb 9, 2024 | Industry News, Latest News, National, News, Premier |
Propelled by ongoing job growth, December 2023 saw continued home price gains, according to the CoreLogic Home Price Index (HPI) and HPI Forecast for the month. Annual single-family home price growth continued its slight upward trend this past December to 5.5%, which...
by | Feb 8, 2024 | Agent, Agents, Best Practices, Brokers, Industry News, Latest News, Lead Story, Premier |
Real estate agents have long struggled with an image problem. Whether you blame the media, a few bad apples, a vitriolic online culture or something else, studies have shown people trust real estate professionals less than accountants, auto mechanics and local...
by | Feb 8, 2024 | Industry News, Latest News, National, News, Premier |
In the fourth quarter of 2023, 46.1% of mortgaged residential properties were deemed equity-rich, meaning that nearly half of homeowners outright own a notable amount of their properties in comparison to the outstanding mortgage or debts associated with them,...
by Beth McGuire | Feb 8, 2024 | Industry News, Latest News, National, News, Premier |
The 30-year-fixed-rate mortgage remained stagnant this week, averaging 6.64%, up from last week’s average of 6.63%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. This week’s numbers: The 30-year FRM averaged 6.64% as of February 8,...