by Jesse Williams | Aug 3, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After four weeks of steady declines, mortgage applications increased 1.2% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending July 29, 2022. Here is the weekly breakdown of...
by Jesse Williams | Jul 28, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
There was a time last year when the term “transitory” was commonly used when federal officials discussed elevated inflation. That has proven somewhat of a misnomer in recent months as inflation has climbed, and officials have raced to reel things back in...
by Jesse Williams | Jul 15, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After a precipitous drop a week ago, mortgage rates shifted upward this week moving from 5.30% to 5.51%, according to the latest Primary Mortgage Market Survey® (PMMS®), from Freddie Mac released Thursday. Key findings: 30-year fixed-rate mortgage averaged 5.51% with...
by Jesse Williams | Jul 7, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage rates dropped for the second week in a row, this time sharply from 5.70% last week to 5.30% this week, amid concerns about a potential recession. This is according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. Key...
by Jesse Williams | Jul 1, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The shifting mortgage market has sent ripples throughout the lending industry that have manifested in waves of layoffs as companies look to adapt to the changing times. While this has become a common trend in the past six months, some companies have struggled more...