by Beth McGuire | Feb 8, 2024 | Industry News, Latest News, National, News, Premier |
The 30-year-fixed-rate mortgage remained stagnant this week, averaging 6.64%, up from last week’s average of 6.63%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. This week’s numbers: The 30-year FRM averaged 6.64% as of February 8,...
by Beth McGuire | Feb 5, 2024 | Best Practices, Consumer, Industry News, Latest News, Lead Story, National, News, Premier |
As the sluggish 2023 housing market retreats farther from view, new industry data points to reasons to be cautiously optimistic about the upcoming spring home-buying season. Thanks to lower mortgage rates as of late, affordability pressures have eased. The share of...
by | Feb 2, 2024 | 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. –A potentially landmark Supreme Court case is scheduled for oral arguments later this month, focused on a...
by Beth McGuire | Feb 1, 2024 | Industry News, Latest News, National, News, Premier |
Still hovering in the mid-sixes, the 30-year fixed-rate mortgage (FRM) ticked down this week, averaging 6.63%, down from last week’s 6.66%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The...
by Beth McGuire | Jan 31, 2024 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Mortgage industry analysts have been watching and waiting to see what the Federal Reserve will do—or say—next about rate cuts. They’re hedging their bets that the Fed will cut rates this year and, as an indirect result, mortgage rates will fall, too, and help revive...