by | Nov 1, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – The Department of Justice (DOJ) filed a lawsuit against Rocket Mortgage and two separate appraisal...
by | Oct 31, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Reaching a three-month high and their fifth-consecutive week of increases, the average 30-year fixed rate mortgage climbed to 6.72%, up from last week’s average of 6.54%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released...
by Beth McGuire | Oct 30, 2024 | Consumer, Latest News, National, News |
Remember the days of 3% mortgage rates? As a relieved nation emerged from the Covid-19 pandemic in 2021, along with it came those historically low average mortgage rates below 5.00%, 4.00% or even sub-3.00%. But as inflation began to increase so too did mortgage...
by Beth McGuire | Oct 30, 2024 | Industry News, Latest News, National, News, Premier |
Mortgage applications were essentially flat this week, decreasing only slightly, yet still reflecting buyer reservations, economists say, with rates hitting a four-month high and market volatility related to the election and the upcomingFed meeting. According to the...
by | Oct 24, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage rates are still ticking up, thanks to strong economic data including good jobs reports and stubborn core inflation, economists say, noting that rates are still expected to come down in the months ahead as data falls more in line with expectations. This week,...