by | Dec 21, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage continued its fall below 7% this week, averaging 6.67% this week, down from the previous week’s dip to 6.95%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The...
by | Dec 20, 2023 | Economy, Industry News, Latest News, National, News, Premier |
Following a strong seven-week stretch of increases, mortgage applications fell 1.5% this week, down from last week’s 7.4% rise, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending December 15,...
by | Dec 14, 2023 | Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) decreased for the seventh straight week, from last week’s average of 7.03% to an average of 6.95% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers:...
by | Dec 13, 2023 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Interest rates will remain unchanged for the second month in a row, according to the latest press conference from the Federal Reserve’s Federal Open Market Committee (FOMC). Following no change in rates in November, the Fed found that recent economic signs—such as a...
by | Dec 12, 2023 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
Inflation saw a small rise again in November, following no changes in October. After the recent pause in rate hikes from the Fed, this reading is in line with economist predictions that the Fed could continue the pause, and possibly halt rate hikes altogether. The...