by Liz Ruggiero | May 25, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The choices of the Federal Reserve over the last year or two—and particularly in the last month—have been deeply scrutinized. After years of low rates and relatively loose monetary policy, the central bank was quick to slash rates to zero and unleash quantitative...
by Liz Ruggiero | May 25, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.57% this week, up from 6.39% last week, to where it returned after a brief and only slight dip earlier in May. This is according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac released Thursday. ...
by Aidan Whalen | May 24, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications decreased for the second week in a row, down 4.6% from a decrease of 5.7% the previous week, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending May 19, 2023. This week’s...
by Liz Ruggiero | May 18, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.39% this week, inching back up to its previous level from two weeks ago, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate...
by Aidan Whalen | May 17, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications decreased 5.7% from an increase of 6.3% one week earlier, according to the latest Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) Weekly for the week ending May 12, 2023. This week’s numbers: The Market Composite...