by | Sep 29, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
-With a potential government shutdown looming this weekend, mortgage lenders are preparing for potential disruptions, mostly affecting transactions that require federal flood insurance—though the potential fallout is still unclear. –Mortgage rates reached a...
by | Sep 29, 2023 | Economy, Industry News, Latest News, National, News, Premier |
While still ticking upward, the PCE index—the Federal Reserve’s preferred measure of price increases—rose less than expected today, fueling optimism that there won’t be another resurgence in inflation. Additionally, the report showed that consumer spending rose...
by | Sep 29, 2023 | Industry News, Latest News, National, News, Premier |
Mortgage rates are a predictor for homebuyer behavior—a conversation you’ve surely had with your clients before. Data analytics firm Black Knight, recently acquired by the Intercontinental Exchange, has released a Mortgage Monitor report tracking the state of mortgage...
by | Sep 29, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
With just under three weeks before the first of the major commission lawsuits goes to trial, the potential for courtroom drama appears to be growing as three of the plaintiffs who launched the suit are attempting to withdraw as class representatives. Lawyers for the...
by Beth McGuire | Sep 28, 2023 | Industry News, Latest News, National, News, Premier |
After a slight uptick to 7.19% a week ago, the 30-year fixed-rate mortgage (FRM) averaged 7.31% this week, its highest level in 23 years, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: 30-year...
by | Sep 28, 2023 | Economy, Industry News, Latest News, National, News, Premier |
If Congress is unable to agree on the provisions of a Continuing Resolution (CR) to fund the federal government by September 30, 2023, the result will be a partial shutdown of some government operations of interest to the real estate industry. A summary of the impact...