by | Oct 19, 2023 | Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) increased from last week’s average of 7.57% to an average of 7.63% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage...
by | Oct 17, 2023 | Economy, Industry News, Latest News, National, News |
The rapid rise in long-term interest rates over the past few months will likely weigh on future economic growth, according to the October 2023 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group. The ESR Group warns that an acute credit event...
by Beth McGuire | Oct 12, 2023 | Industry News, Latest News, National, News, Premier |
The 30-year fixed rate mortgage continued its upward trajectory this week, increasing to 7.57%, up from last week’s increase to 7.49%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. This week’s numbers: 30-year...
by Beth McGuire | Oct 11, 2023 | Agents, Best Practices, Brokers, Industry News, Latest News, National, News, Premier |
With the housing market slumping and the Fed indicating rate hikes will likely continue, taking mortgage rates with them, three major organizations teamed up in a letter to Fed Chairman Jerome Powell on Monday, imploring him to help the housing industry in several...
by Beth McGuire | Oct 5, 2023 | Industry News, Latest News, National, News, Premier |
After reaching their highest level in 23 years at 7.31% last week, the 30-year fixed rate mortgage continued to hold that record, averaging 7.49% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. This week’s...