by Jesse Williams | Apr 7, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Coming into 2022, experts predicted we could see interest rates reach upwards of 4%. That number was already eclipsed and now rates are quickly on the rise towards 5%, according to the latest Freddie Mac Primary Mortgage Survey (PMMS), released this week. Key...
by Liz Ruggiero | Mar 30, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
As mortgage rates rose to their highest level in three years last week, experts were not surprised to see mortgage applications continue their downward trend as well. The latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey...
by Jesse Williams | Mar 24, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
This week, the 30-year fixed-rate mortgage average increased from 4.16% last week to 4.42% this week–the highest level its reached since January of 2019, according to Freddie Mac’s Prime Mortgage Market Survey (PMMS), released Thursday. Mortgage rates across all...
by Jesse Williams | Mar 23, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Sales of new homes decreased unexpectedly last month amid rising mortgage rates and home prices, according to new data release today from the Commerce Department. According to February data, new home sales decreased 2% to an annually adjusted rate of 772,000. This is...
by Jesse Williams | Mar 17, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After months of speculation and weekly averages approaching the mark, the 30-year fixed-rate mortgage rates exceeded 4% for the first time since May of 2019, according to Freddie Mac’s weekly Primary Mortgage Market Survey. Buyer demand has slowed some, but low...