by | Jan 4, 2024 | Industry News, Latest News, National, News, Premier |
Despite their current downtrend, mortgage rates had a heavy affect on homeowner affordability in 2023. Specifically, buying power (a homebuyer’s budget)and square footage (what home size is affordable) have been two of the areas most affected by the shifts in...
by Beth McGuire | Jan 4, 2024 | Industry News, Latest News, National, News |
The 30-year-fixed-rate mortgage remained flat this week, averaging 6.62%, relatively the same as last week’s decline to 6.61%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. This week’s numbers: The 30-year FRM averaged 6.62 percent...
by | Jan 3, 2024 | Industry News, Latest News, National, News, Premier |
2023 has come to the end with a positive outlook. The Fed paused rates for two consecutive months, unemployment is low, GDP growth has been on the up, mortgage rates have been going down, and so on. The question on everyone’s minds is: will this positive trend...
by Beth McGuire | Dec 28, 2023 | Industry News, Latest News, National, News, Premier |
Pending home sales in November were identical to those in October, according to this month’s report from the National Association of REALTORS® (NAR). The Northeast, Midwest and West posted monthly gains in transactions while the South recorded a loss. All four U.S....
by Beth McGuire | Dec 28, 2023 | Industry News, Latest News, National, News |
The 30-year fixed-rate mortgage (FRM) averaged 6.61%, down from last week’s dip to 6.67%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year FRM averaged 6.61% as of December 28, 2023,...