by Jesse Williams | Sep 29, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage rates increased for the sixth-straight week this week, reaching another high we haven’t seen in more than a decade. According to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®), the 30-year fixed-rate mortgage (FRM) rate averaged 6.70% this week, up...
by Jesse Williams | Sep 28, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Travel |
Last week’s increase in mortgage applications was short-lived following the Fed’s fourth interest rate hike last week, causing the volume of applications to give back most of its gains after what had been a six-week decline, the Mortgage Bankers Association (MBA) said...
by Jesse Williams | May 10, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
For the month of February, 3.2% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.5 percentage-point decrease compared to February 2021, when it was 5.7%, according to...
by | May 4, 2022 | Brokers, Industry News, Latest News, National, News, Premier |
With little surprise, the Federal Reserve announced a larger rate hike Wednesday following their two-day meeting this week, accelerating the central bank’s efforts to curb rampant inflation and pull back from pandemic relief efforts. The 50-basis point increase is the...
by Jesse Williams | Feb 3, 2022 | Agents, Brokers, Industry News, Latest News, Teams |
Homeowners were able to reap the benefits of the frenzied housing market last year as new data from ATTOM Data Solutions suggests that nearly one of every two mortgaged homes were “equity rich” in the final quarter of 2021. ATTOM released its Q4 2021 U.S. Home Equity...