by Beth McGuire | Jan 9, 2025 | Industry News, Latest News, National, News, Premier |
As the new year gets underway, average 30-year mortgage rates continue to trend up, moving upwards from their average last week of 6.91% to 6.93% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “In...
by | Jan 9, 2025 | Economy, Industry News, Latest News, National, News, Premier |
The Federal Reserve (Fed) has predicted that inflation will continue to slow in 2025, albeit at a slower pace than originally anticipated, with new concerns over policies proposed by the incoming Trump administration, as expressed in the latest Federal Open Market...
by Beth McGuire | Jan 2, 2025 | Industry News, Latest News, National, News, Premier |
While mortgage rates moved higher over the last weeks of 2024 and home purchase applications have declined, housing activity through the end of the year over the holidays saw its typical lull in both buying and refinancing activity. According to the latest Primary...
by Beth McGuire | Dec 19, 2024 | Industry News, Latest News, National, News, Premier |
Mortgage rates reversed course this week after several weeks of declines, but continue to make small moves around the mid- to upper sixes. This week the 30-year fixed-rate mortgage (FRM) averaged 6.72%, up from last week’s average of 6.60%, according to the latest...
by | Dec 19, 2024 | Economy, Industry News, Latest News, National, News, Premier |
As widely expected, Federal Reserve (Fed) officials lowered interest rates again, marking the third cut this year—although markets wobbled based on projections of a slower pace of cuts going into 2025. During its final meeting of the year, the Federal Open Market...