by | Mar 19, 2025 | Agents, Brokers, Economy, Industry News, Latest News, National, News, Premier |
As had been widely speculated, the Fed on March 19 decided to leave its benchmark interest rate unchanged at 4.50%, its second consecutive meeting of keeping interest rates unchanged. Uncertainty about the U.S. economy and the effect of President Trump’s tariffs...
by Beth McGuire | Mar 13, 2025 | Industry News, Latest News, National, News, Premier |
The latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.65%, up just 2 basis points from last week’s average of 6.63%. “Despite volatility in the markets, the 30-year fixed-rate...
by | Mar 12, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Inflation continued its persistent rise in February—for the fifth straight month—according to a report released today by the Bureau of Labor Statistics. After falling for much of 2024, the Consumer Price Index (CPI)—one of the main measures of inflation—increased by...
by | Mar 10, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Uncertainty remains high, but Federal Reserve Chair Jerome Powell emphasized the Fed’s focus on “separating the signal from the noise,” claiming that the central bank is “well-positioned to wait for greater clarity.” During a talk at the University of Chicago’s Booth...
by Beth McGuire | Mar 6, 2025 | Industry News, Latest News, National, News, Premier |
Mortgage rates continue falling, this week seeing their lowest weekly drop since September, Freddie Mac reported, providing incentives for both purchase and refinance activity as the spring market approaches. According to Freddie Mac’s latest Primary Mortgage Market...