by Beth McGuire | Oct 5, 2023 | Industry News, Latest News, National, News, Premier |
After reaching their highest level in 23 years at 7.31% last week, the 30-year fixed rate mortgage continued to hold that record, averaging 7.49% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. This week’s...
by Beth McGuire | Oct 4, 2023 | Industry News, Latest News, National, News, Premier |
Mortgage applications fell again this week, down 6.0% from last week’s 1.3% drop the week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) released Wednesday. This week’s numbers: The Market Composite...
by Beth McGuire | Sep 29, 2023 | Industry News, Latest News, National, News |
Housing affordability worsened in Q3 2023 due to rising mortgage rates—which have now surpassed 7%—and high home prices, along with other economic challenges. ATTOM’s Home Affordability Report for Q3 2023 found that median-priced single-family homes and condos are...
by Beth McGuire | Sep 28, 2023 | Industry News, Latest News, National, News, Premier |
After a slight uptick to 7.19% a week ago, the 30-year fixed-rate mortgage (FRM) averaged 7.31% this week, its highest level in 23 years, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: 30-year...
by Beth McGuire | Sep 27, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The increase in mortgage applications last week was short-lived, as purchase applications fell this week, down 1.3% from one week earlier when we saw a temporary increase of 5.4%. This is according to the latest Weekly Mortgage Applications Survey from the Mortgage...