by | Sep 11, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The Federal Reserve board of governors will meet next week at the Federal Open Market Committee (FOMC) to vote on how to adjust interest rates. When they meet, they will have a new measure of inflation data to consider. The consumer price index (CPI), an inflation...
by | Sep 10, 2025 | Industry News, Latest News, National, News, Premier |
In the wake of mortgage rates reaching an 11-month low last week, mortgage applications have broken their downward streak—increasing in volume for the week ending Sept. 5, according to the Mortgage Bankers Association (MBA). The market composite index—the measurement...
by | Sep 8, 2025 | Industry News, Latest News, National, News, Premier |
Homebuyers and existing borrowers in the market to refinance are finally getting some long-awaited mortgage-rate relief. The average 30-year, fixed-rate mortgage fell to 6.50%—the lowest level in 11 months, according to Freddie Mac’s latest Primary Mortgage...
by | Sep 3, 2025 | Industry News, Latest News, National, News |
Mortgage applications decreased again for the third consecutive week, according to the Mortgage Bankers Association (MBA). The volume of mortgage loan applications decreased 1.2% on a seasonally adjusted basis for the week ending August 29, or 3% on an unadjusted...
by | Aug 28, 2025 | Industry News, Latest News, Lead Story, National, News, Premier |
The number of contract signings dropped this July, per the National Association of Realtors® (NAR). NAR found that nationally, pending home sales fell 0.4% compared to June, but were still up 0.7% compared to this time last year. As also shown by reported new-home...