by Beth McGuire | Jun 5, 2025 | Industry News, Latest News |
A drop in rates coupled with continued inventory increases and slowing price growth has been welcome news to homebuyers this week, but continuing volatility around trade and economic policies are keeping rates elevated. According to the latest Primary Mortgage Market...
by Beth McGuire | Jun 4, 2025 | Industry News, Latest News, National, News |
The average 30-year mortgage rate landed at 6.92% last week, leading to a third week of declines in mortgage applications this past week, but the continuing steadiness of average rates holding between 6.8% and 7% for several weeks is positive news overall for annual...
by | May 30, 2025 | Industry News, Latest News, National, News, Premier |
At its latest meeting earlier in May, the Federal Reserve left interest rates unchanged, citing overall economic uncertainty due to factors such as tariffs. The most recent reports show consumer confidence in the economy improving. However, there are still some...
by Beth McGuire | May 29, 2025 | Industry News, Latest News |
Mortgage rates have been described as steady over the last nearly 20 weeks but continued economic volatility is related to incremental increases that continue to push them closer to 7%. According to the latest Primary Mortgage Market Survey® (PMMS®) released by...
by Beth McGuire | May 28, 2025 | Industry News, Latest News |
Rising mortgage rates and ongoing market volatility resulted in a second week of purchase activity pullbacks, but activity is still up over this time last year. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA)...