by Beth McGuire | Jul 11, 2024 | Industry News, Latest News, National, News, Premier |
Following the first dip in consumer prices in four years and home prices in some markets declining, the average 30-year fixed rate mortgage followed suit, dropping from 6.95% last week to 6.89% this week, according to the latest Primary Mortgage Market Survey®...
by | Jul 9, 2024 | Economy, Industry News, Latest News, National, News, Politics, Premier |
Federal Reserve Chair Jerome Powell testified before the Senate Committee on Banking, Housing and Urban Affairs, mostly dodging questions about rate cuts while being pressed by lawmakers on housing affordability, inventory and a wobbly commercial real estate market....
by | Jul 8, 2024 | Economy, Industry News, Latest News, National, News, Premier |
At their June meeting, Federal Reserve members acknowledged there’s been notable progress in lowering inflation, but it’s not going as quickly as they’d like to consider cutting key interest rates, according to meeting minutes released Wednesday. While the central...
by | Jun 27, 2024 | Agents, Brokers, Industry News, Latest News, National, News |
In the current uncertain environment, it is more important than ever that we as an industry communicate the critical role housing plays in the U.S. economy. I am probably biased, since I am a researcher, but I believe there needs to be more data-backed, evidence-based...
by Beth McGuire | Jun 27, 2024 | Industry News, Latest News, National, News, Premier |
The averaged 30-year-fixed-mortgage rate stepped down for the fourth-straight week, dipping to 6.68% from 6.87% last week and marking its lowest point in the last three months, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released...