by | Nov 17, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News |
In August, mortgage rates surpassed 7%, hitting a more than two-decade high. At the beginning of 2023, most housing-market watchers expected rates to drop steadily throughout the year, perhaps even falling back down to 6% by year’s end. But rates are remaining...
by | Nov 17, 2023 | Industry News, Latest News, National, News, Premier |
As mortgage rates continue to put pressure on the housing market, homebuilder confidence saw another dip in November, according to new data from the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index (HMI) found that builder...
by Beth McGuire | Nov 16, 2023 | Industry News, Latest News, National, News |
The 30-year fixed-rate mortgage averaged 7.44%, down again from last week’s average of 7.5%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage averaged 7.44% as of...
by Beth McGuire | Nov 15, 2023 | Industry News, Latest News, National, News |
Mortgage applications ticked up this week, increasing 2.8% from last week’s increase of 2.5%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending November 10, 2023. This week’s numbers: The...
by | Nov 15, 2023 | Industry News, Latest News, National, News |
Elevated mortgage rates, high home prices and limited housing inventory are making the dream of homeownership difficult for Americans, according to NAR Chief Economist Lawrence Yun. Yun analyzed the current state of the U.S. residential real estate market and shared...