by | Oct 23, 2024 | Industry News, Latest News, National, News, Premier |
Mortgage applications continued their fall for the fourth straight week, due to fluctuating mortgage rates and apprehensive homebuyers, according to the latest data from the Mortgage Bankers Association. Applications decreased 6.7% from one week earlier, according to...
by | Oct 18, 2024 | Economy, Industry News, Latest News, National, News |
The economy is looking stronger than what was previously predicted, due to signs like stronger payroll growth and revisions in national accounts, according to the October 2024 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group. While the ESR...
by Beth McGuire | Oct 17, 2024 | Industry News, Latest News, National, News, Premier |
Economists may see the ongoing steady job growth and strength of the economy as the backdrop for the recent, sharp reversal in mortgage rate decreases, but data shows homebuyers are holding out for lower rates just the same. The 30-year-fixed-rate mortgage averaged...
by | Oct 17, 2024 | Industry News, Latest News, National, News, Premier |
As inflation eases—with the latest Consumer Price Index reporting the smallest annual increase since February 2021—builder confidence continues to steadily rise, according to the latest National Association of Home Builders (NAHB) data. The NAHB/Wells Fargo Housing...
by Beth McGuire | Oct 16, 2024 | Industry News, Latest News, National, News, Premier |
With mortgage rates rising for the last three weeks, the Mortgage Bankers Association (MBA) is reporting another week of declining home purchase applications. According to the latest Weekly Applications Survey, mortgage applications decreased 17.0% from one week...