by | Aug 21, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage applications decreased 10.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending August 16, 2024. This is a large decrease from the most recent weeks of increases, however...
by Beth McGuire | Aug 15, 2024 | Industry News, Latest News, National, News, Premier |
With the exception of one increase over the Fourth of July, the average mortgage rate has either dipped or remained flat for the last 10 weeks, continuing the trend this week with little movement and remaining at its lowest level in over a year. This week’s Primary...
by | Aug 14, 2024 | Agents, Consumer, Industry News, Latest News, National, News |
The Consumer Price Index (CPI) was up 0.2% from June to July 2024 and up 2.9% from a year ago, according to the latest data from the U.S. Bureau of Labor Statistics. The Index measures the costs of goods and services across the American economy so as to track...
by | Aug 12, 2024 | Agents, Best Practices, Brokers, Consumer, Industry News, Latest News, National, News |
Interest rates are critical in the real estate market, especially in selling condominiums. Understanding this impact can help buyers, sellers and investors make informed decisions. Introduction to interest rates and condo sales Interest rates are the cost of borrowing...
by | Aug 9, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. Per the latest survey by Freddie Mac, mortgage rates experienced a noticeable drop during the first week of August...