by | Dec 14, 2023 | Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) decreased for the seventh straight week, from last week’s average of 7.03% to an average of 6.95% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers:...
by | Dec 14, 2023 | Agents, Best Practices, Brokers, Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Despite broker sentiment hitting a yearly low in November—at exactly the same time as it did last year—there are larger signs of positive changes in the housing market, according to RISMedia’s latest Broker Confidence Index (BCI) survey of real estate business...
by | Dec 14, 2023 | Industry News, Latest News, National, News, Premier |
A total of 32,120 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in November, down 7% from a month ago but up 5% from a year ago, according to a new report from ATTOM. ATTOM’s Foreclosure Market Report for November found...
by | Dec 13, 2023 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Interest rates will remain unchanged for the second month in a row, according to the latest press conference from the Federal Reserve’s Federal Open Market Committee (FOMC). Following no change in rates in November, the Fed found that recent economic signs—such as a...
by | Dec 13, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Above: Brian Buffini, left and Dr. Lawrence Yun December industry predictions for the upcoming year can be fairly same-old, same-old. Forecasters will have mortgage rates rising or falling, while guesstimating sales and inventory to be strong or weak. Of course no...
by | Dec 12, 2023 | Industry News, Latest News, National, News, Premier |
Third-quarter patterns—derived from gaps in home affordability, underwater mortgages, foreclosures and unemployment—revealed that California, New Jersey and Illinois have the highest concentrations of the most-at-risk markets in the country, according to a new report...