by Beth McGuire | Aug 14, 2025 | Industry News, Latest News, National, News, Premier |
Seeing a third week of declines and the lowest point since October, decreasing mortgage rates saw purchase applications and especially refinance applications surge this past week but continued uncertainty over inflation and the economy could still be keeping buyers on...
by Beth McGuire | Aug 13, 2025 | Industry News, Latest News, National, News, Premier |
Following the notable decrease in the average 30-year-fixed mortgage rate this past week, mortgage application volume increased again this week, but it was refinance applications for the win, surging to a 5-month high. According to the latest Weekly Mortgage...
by | Aug 12, 2025 | Industry News, Latest News, National, News, Premier |
Federal Reserve Chair Jerome Powell previously predicted that inflation effects from tariffs would begin showing up in summer readings. The latest Consumer Price Index (CPI) from the Bureau of Labor Statistics (BLS) showed some inflation, but was about in line with...
by Beth McGuire | Aug 7, 2025 | Industry News, Latest News, National, News |
The average 30-year fixed mortgage rate dropped nine basis points since last week, its lowest level since April. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the 30-year fixed-rate mortgage (FRM) averaged 6.63% this...
by | Aug 6, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Reaching its lowest point in 10 months on August 4, the daily average mortgage rate dropped to 6.57%. On the median-priced U.S. home—which goes for roughly $447,000—a monthly mortgage payment is $2,862 with today’s average rate, according to Redfin. When rates were...