by | Dec 11, 2024 | Economy, Industry News, Latest News, National, News, Premier |
After a year of inflation coming down, the last stretch of 2024 has seen a reverse course, per the latest Consumer Price Index (CPI). The CPI, updated every month by the U.S. Bureau of Labor Statistics, measures changes to the costs consumers are facing and gauges...
by Beth McGuire | Dec 5, 2024 | Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) averaged 6.69% this week, down from last week’s average of 6.81% and falling to its lowest level in over a month, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “Despite just a...
by | Dec 4, 2024 | Industry News, Latest News, National, News, Premier |
With a new year comes the hope of a brighter tomorrow—should the real estate industry be pining for a bright 2025? Bright MLS has published a forecast projecting that the answer is very different depending on which housing market you’re observing. RISMedia also spoke...
by Beth McGuire | Nov 21, 2024 | Industry News, Latest News, National, News, Premier |
Mortgage rates are continuing their hover in the upper sixes. The 30-year fixed-rate mortgage (FRM) ticked back up this week from last week’s 6.78% to an average of 6.84% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac,...
by | Nov 18, 2024 | Industry News, Latest News, National, News, Premier |
November saw homebuilder confidence rise, according to the latest findings in the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Graded on a scale from 0 to 100 using data about present home sales, expected sales and buyer traffic, the...