Mortgage Rates Dip Back Below 7%
The 30-year fixed-rate mortgage (FRM) decreased for the seventh straight week, from last week’s average of 7.03% to an average of 6.95% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers:...
Many Brokers See ‘Flip’ to Buyer’s Market in 2024
Despite broker sentiment hitting a yearly low in November—at exactly the same time as it did last year—there are larger signs of positive changes in the housing market, according to RISMedia’s latest Broker Confidence Index (BCI) survey of real estate business...
The Fed Continues to Keep Interest Rates Steady
Interest rates will remain unchanged for the second month in a row, according to the latest press conference from the Federal Reserve’s Federal Open Market Committee (FOMC). Following no change in rates in November, the Fed found that recent economic signs—such as a...
Mortgage Applications Surge Following Steady Rate Decreases
In the wake of a six-week stretch of mortgage rate decreases, Mortgage applications surged 7.4% this week, also marking their sixth week of increases, up from last week’s 2.4% rise, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers...
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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