by | Jan 29, 2025 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Above, Jerome Powell At the Federal Reserve’s first 2025 press conference January 29, following a two-day meeting, Fed Chair Jerome Powell announced that there would not be an immediate rate cut. The action, or inaction, which was unanimously agreed upon by the...
by | Jan 23, 2025 | Economy, Industry News, Latest News, National, News, Premier |
In a slight reversal of the past month’s trends, the average 30-year mortgage rate decreased from its average last week of 7.04% down to 6.96% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “After...
by | Jan 16, 2025 | Agents, Industry News, Latest News, Lead Story, National, News |
Alright, folks, let’s be real—selling real estate over the last few years wasn’t exactly rocket science. Interest rates were at record lows, buyers were practically tripping over each other to snap up properties and homes sold faster than a good slice of pizza...
by Beth McGuire | Jan 16, 2025 | Industry News, Latest News, National, News, Premier |
Still on the upswing, the average 30-year fixed rate mortgage ticked up over 7% this week, marking its fifth straight week of increases and hitting their highest point since last May. According to Freddie Mac’s latest Primary Mortgage Market Survey® (PMMS®), this...
by | Jan 15, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Inflation continues to rise after a seven-month decline from early in 2024, reversing the trend seen from March to September, and still falling well short of the target mark of 2% set by the Federal Reserve after seeing a 2.9% rise year-over-year. The Consumer Price...