by Beth McGuire | Aug 31, 2023 | Industry News, Latest News, National, News, Premier |
While still lingering around the 20-year-high level, the 30-year fixed-rate mortgage (FRM) averaged 7.18%, down just a bit from last week’s 7.23%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. This week’s numbers: ...
by | Aug 31, 2023 | Agents, Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The latest report on Personal Consumption Expenditures (PCE) showed prices climbing by 0.3% from last month, an expected but still potentially concerning increase in inflation as the Federal Reserve mulls its next move on interest rates. The PCE index, which is the...
by Beth McGuire | Aug 30, 2023 | Industry News, Latest News, National, News, Premier |
After five consecutive weeks of declines including to their lowest level in 28 years, mortgage applications increased this week, 2.3% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for...
by | Aug 24, 2023 | Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) jumped from last week’s average of 7.09% to an average of 7.23% 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 Aidan Whalen | Aug 17, 2023 | Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) surged this week to its highest level in more than 20 years, averaging 7.09%, which is also a fourth-straight week of rate hikes, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday....