by Beth McGuire | May 22, 2025 | Industry News, Latest News |
While economists point to the U.S. credit downgrade this past week as a reason for the rise in 10-year Treasury yields and average 30-year mortgage rate, they also note that increased housing inventory continues to keep activity at a steady pace. According to the...
by | May 22, 2025 | Agents, Brokers, Economy, Industry News, Latest News, National, News, Premier |
Fannie Mae updated its housing market and economic predictions yesterday, tweaking nearly all the numbers positively in the wake of some encouraging data and federal policy shifts. In its latest assessment of the market, the mortgage giant predicted 6.1% rates by the...
by Beth McGuire | May 21, 2025 | Industry News, Latest News |
Inflation and deficit concerns coupled with a spike in mortgage rates resulted in home purchase applications pulling back this past week. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending May...
by Beth McGuire | May 15, 2025 | Industry News, Latest News, National, News |
Mortgage rates ticked up this week but economists are also pointing to some positive news for housing this week: Purchase application activity is up nearly 20% over last year and for-sale inventory has reached its highest level in over five years–but affordability...
by Beth McGuire | May 14, 2025 | Industry News, Latest News, National, News |
Continued steady mortgage rates this past week resulted in a slight increase in mortgage application volume as the spring market is now fully underway. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week...