by Jesse Williams | Apr 12, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
There is still a ways to go before the Fed can breathe a sigh of relief, but at least some solace can be taken in the fact that the cooldown in U.S. inflation hasn’t let up. Most can agree that the banking crisis took up much of the attention of onlookers and...
by Jesse Williams | Apr 6, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Rates are trending down, buyers are ready for the spring market, but with the same, persistent inventory challenges, sellers in many markets still have the upper hand. That’s the consensus of industry economists following the release of the latest mortgage rate...
by Jesse Williams | Apr 5, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Home purchase volume pulled back a bit this week despite another dip in mortgage rates, a reaction indicative of the inventory and affordability troubles continuing to burden the typically busy spring market. Mortgage applications decreased 4.1% from one week...
by Jesse Williams | Mar 31, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
While the Federal Reserve hopes to be ending their interest rate hikes in the coming future, the latest personal consumption expenditure (PCE) index from the Bureau of Economic Analysis—the Federal Reserve’s favored measure of inflation—demonstrates that...
by Jesse Williams | Mar 30, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.32%, its third consecutive week of declines, down from 6.42% the previous week, according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate...