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)...
by Beth McGuire | May 23, 2025 | Industry News, Latest News |
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. –At the Mortgage Bankers Association’s (MBA) annual Capital & Secondary Markets Conference in New...
by Beth McGuire | May 22, 2025 | Industry News, Latest News |
While economists point to the U.S. credit downgrade this past week as a reason for the rise in 10-year Treasury yields and average 30-year mortgage rate, they also note that increased housing inventory continues to keep activity at a steady pace. According to the...