by | Jun 19, 2024 | Industry News, Latest News, National, News, Premier |
With mortgage rates remaining high, little change in inflation and the Fed still not making any decisions when it comes to a rate cut, homebuilder confidence remains troubled as it hit its lowest reading since December 2023, according to the latest National...
by | Jun 19, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage applications continued their upward trend and increased 0.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending June 14, 2024. This week’s data: The Market Composite Index, a...
by | Jun 13, 2024 | Economy, Industry News, Latest News, National, News, Premier |
On the heels of the Fed standing firm on keeping its benchmark rate unchanged, mortgage rates trickled down again this week, with the 30-year-fixed rate mortgage averaging 6.95%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released...
by Beth McGuire | Jun 12, 2024 | Industry News, Latest News, Lead Story, National, News |
The Federal Reserve stood firm again, leaving its benchmark rate unchanged at its current 23-year high after the Fed’s two-day meeting concluded Wednesday. Meanwhile, the central bank signaled a more tepid approach to rate cuts this year than investors had hoped for....
by | Jun 7, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. As reported by Freddie Mac, mortgage rates have “pulled back.” After being above 7% the final week of May, the first...