Mortgage Rates Decrease, But Still Hover in Mid-Six Percent Range
The 30-year fixed-rate mortgage (FRM) decreased slightly this week, from last week’s average of 6.66% to an average of 6.6% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year...
Mortgage Applications Increase for Second Week
After some typical decreases through the holidays, mortgage applications marked a second week of increases, this week up 10.4% from last week’s increase of 9.9%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA)...
Builder Sentiment Rises as Mortgage Rates Fall
As mortgage rates have remained below 7% for several weeks, builder sentiment continues its growth, according to new data from the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index (HMI) found that builder confidence grew seven...
Final Bright MLS Housing Report of 2023 Suggests a New Year of Competition
Bright MLS, which covers the American Mid-Atlantic, found that 2023 ended with their local markets showing sparks of life. Pending sales, as of December 2023, numbered 13,109 (0.5% higher than a year before), while home prices were up by 8.1% – no housing type or...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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