by Liz Ruggiero | Jun 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After three weeks of hikes, mortgage rates did an about-face this week. According to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac, the 30-year fixed-rate mortgage (FRM) averaged 6.71% this week, down from 6.79% the previous week. This week’s...
by Aidan Whalen | Jun 7, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
A late run-up in mortgage rates and an ugly standoff in Washington D.C. appear to have spooked the real estate industry as RISMedia’s Broker Confidence Index (BCI) skidded in May, falling to its lowest reading of the year. As mortgage rates simultaneously reached a...
by Aidan Whalen | Jun 7, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications decreased 1.4% this week, down from a 3.7% decrease the previous week and reaching its fourth-straight week of dips, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending...
by Liz Ruggiero | Jun 1, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.79% this week, up from 6.57% last week. This is according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage averaged 6.79% as of...
by Aidan Whalen | May 31, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications dipped again this week, down 3.7%, from last week’s 4.6% decrease, the third straight week of decreases, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending May 26, 2023. ...