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...
by | Dec 8, 2023 | Industry News, Latest News, National, News, Premier |
The economy has been a matter of discrepancy for much of 2023. The data and relevant reports show an economy that on paper is improving; unemployment is low (about 3.7% as of the last jobs report), and the Federal Reserve hasn’t raised interest rates in the last few...
by | Dec 7, 2023 | Economy, Industry News, Latest News, National, News |
The 30-year fixed-rate mortgage (FRM) decreased for the sixth straight week, from last week’s average of 7.22% to an average of 7.03% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers:...