by | Feb 29, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.9% to an average of 6.94% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year...
by Beth McGuire | Feb 23, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Good news for homeowners: Mortgage delinquencies are on the decline, dropping to their lowest point since October 2023, according to Intercontinental Exchange’s (ICE) First Look at January 2024’s mortgage performance data. The national mortgage delinquency rate dipped...
by Beth McGuire | Feb 22, 2024 | Industry News, Latest News, National, News, Premier |
The Federal Reserve acknowledged in its last meeting that rates have likely hit their peak, but they’re continuing to keep a watchful eye on key economic indicators and inflation, balancing a sense of optimism with some caution, according to meeting minutes released...
by Beth McGuire | Feb 22, 2024 | Industry News, Latest News, National, News, Premier |
Following a drop to its lowest level in three decades by the end of last year, existing-home sales reversed course last month, rising 3.1% from December to a rate of 4.00 million in January, down 1.7% year-over-year, or 4.07 million sales, according to the latest...
by | Feb 22, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Nearing a return to 7% territory, the 30-year-fixed-rate mortgage continued its ascent this week, up to 6.9% from last week’s average of 6.77%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers:...