by Beth McGuire | Jan 11, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year-fixed-rate mortgage changed little this week, averaging 6.66%, a slight increase from last week’s average of 6.62%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. This week’s numbers: The 30-year FRM averaged 6.66...
by | Jan 11, 2024 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
Inflation saw another small rise in December, continuing the 0.1% rise seen in November. Following the two recent consecutive pauses in rate hikes from the Fed, economists feel that this reading reflects the Fed’s sentiments that interest rates will not see any...
by | Jan 11, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
First-time homebuyers are optimistic when it comes to buying a home in 2024, with 61% indicating that now is a good time to buy, according to a recent realtor.com® survey. And when it comes to investing in their first home, they may find the best luck in some...
by | Jan 11, 2024 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Interest rates will remain high for “some time,” according to recent comments made by New York Federal Reserve President John Williams. “I expect that we will need to maintain a restrictive stance of policy for some time to fully achieve our goals,” said Williams. “It...
by | Jan 10, 2024 | Agents, Brokers, Latest News, Lead Story, National, News, Premier |
Brokers are more optimistic about the market now, and are less worried about some of the more high-profile challenges of 2023 going into the new year, according to RISMedia’s latest Broker Confidence Index (BCI), with an uptick in broker sentiment to mark the end of...
by | Jan 10, 2024 | Industry News, Latest News, National, News, Premier |
Home pieces have reached record highs in the past few years, leading to many areas across the U.S. boast prices well above the $1 million mark that used to be so much more uncommon. But, just exactly where are the most expensive areas to buy a home? ...