by Jesse Williams | Mar 24, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
This week, the 30-year fixed-rate mortgage average increased from 4.16% last week to 4.42% this week–the highest level its reached since January of 2019, according to Freddie Mac’s Prime Mortgage Market Survey (PMMS), released Thursday. Mortgage rates across all...
by Jesse Williams | Mar 21, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
While there is still a considerable amount of uncertainty surrounding the implications of the Russian invasion of Ukraine on the housing market, the picture is getting a bit clearer for experts at Fannie Mae. In a recent report, forecasters from the government...
by Liz Ruggiero | Jan 27, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
A highly scrutinized two-day meeting of the Federal Reserve that concluded Wednesday resulted in no new interest rate hikes, though the central bank appears poised to move forward with an increase in the next few months following persistent inflation and an...
by Jesse Williams | Jan 12, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
The Bureau of Labor Statistics (BLS) released its consumer price index (CPI) summary Tuesday morning showing an almost 40-year high year-over-year increase in December at 7%, with core inflation at 5.5%. After months of referring to spiraling price increases as...
by Jesse Williams | Dec 17, 2021 | Agents, Brokers, Industry News, Latest News, Lead Story, Luxury, National, News, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 3.12% for the week ending Dec. 16, according to Freddie Mac’s latest Primary Mortgage Market Survey®. Mortgage rate details: The 30-year fixed-rate mortgage averaged 3.12% with an average 0.6 point, up from last...