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...
by Jesse Williams | Mar 24, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. The Federal Reserve recently announced that it would raise interest rates by a quarter percent, pushing the federal...
by Jesse Williams | Mar 23, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
It’s been a weird couple of weeks in the U.S. economy as headlines were filled with news of failing banks and government bailouts. However, one headline that many were waiting for was how the Federal Reserve would respond in the face of a possible banking...