by | Jul 23, 2025 | Industry News, Latest News, Lead Story, National, News, Premier |
After a jump in inventory with only a slight inch up of existing-home sales back in May, June saw existing-home sales and unsold inventory drop, per the latest report from the National Association of Realtors® (NAR). Existing-home sales have dropped month-over-month...
by Beth McGuire | Jul 23, 2025 | Industry News, Latest News, National, News |
Purchase applications increased this week, albeit only slightly while higher mortgage rates linger and affordability challenges continue to vex the housing market. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA)...
by Beth McGuire | Jul 22, 2025 | Industry News, Latest News, National, News |
Remember the frenetic real estate pace from 2020 to 2023? Buyers, chasing low interest rates, often waived contingencies like home inspections to secure properties. During this period, an estimated 20.88 million existing homes were sold. Of these, approximately 18% to...
by Beth McGuire | Jul 17, 2025 | Industry News, Latest News |
In line with the upward trend in 10-year Treasury yields, mortgage rates saw a slight uptick this past week, as experts pointed to the elevated June inflation numbers and possible impacts of tariffs to predict rates could stay higher for the remainder of the...
by Beth McGuire | Jul 16, 2025 | Industry News, Latest News, National, News |
After two weeks of declining mortgage rates, an increase this past week along with renewed concerns of tariff impacts deflated home purchase applications by a notable 10%. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers...