by Jesse Williams | Jun 23, 2022 | Agents, Brokers, Latest News, National, News, Premier, Teams |
They’re still going up. The 30-year fixed-rate mortgage (FRM) averaged 5.81% this week, up from 5.78% last week, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. Key points: 30-year fixed-rate mortgage averaged 5.81%...
by Jesse Williams | Jun 23, 2022 | Agents, Brokers, Latest News, National, News, Premier, Teams |
Despite rising mortgage rates, mortgage applications increased 4.2% from one week earlier, according to the latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 17, 2022. Here are the key points from...
by Jesse Williams | Jun 23, 2022 | Agents, Brokers, Latest News, National, News, Premier, Teams |
The median rental price hit its latest new high of $1,849 per month in May, representing a 26.6% increase since 2019 before the pandemic began, according to the latest realtor.com® Monthly Rental Report, released this week. While May marked the 10th straight month of...
by Jesse Williams | Jun 22, 2022 | Agents, Brokers, Latest News, National, News, Premier, Teams |
New risk-modeling data shows that nearly 7.8 million homes with more than $2.3 trillion in combined reconstruction cost value (RCV) are at risk of hurricane-related damages this year, according to CoreLogic’s 2022 Hurricane Report, released Wednesday. The report also...
by Jesse Williams | Jun 22, 2022 | Agents, Brokers, Latest News, National, News, Premier, Teams |
A new report shows that New Jersey, Illinois and inland California had the highest concentrations of the most at-risk markets in the first quarter of 2022—with the biggest clusters in the New York City and Chicago areas, according to ATTOM’s latest Special Housing...
by Jesse Williams | Jun 21, 2022 | Agents, Brokers, Latest News, Lead Story, National, News, Premier, Teams |
Rising mortgage rates—and subsequently the widening affordability gap—have sent ripples throughout the housing market that the National Association of REALTORS® (NAR) suggests have kept existing home sales on a downward track in May. Sales of previously-owned homes...