by | Dec 11, 2024 | Economy, Industry News, Latest News, National, News, Premier |
With mortgage rates hitting six-week lows this past week, home-purchase applications saw their fifth-straight week of increases, driven primarily by a surge in refinance activity by borrowers with the higher rates of this time last year. Veterans Affairs loans in...
by Beth McGuire | Dec 5, 2024 | Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) averaged 6.69% this week, down from last week’s average of 6.81% and falling to its lowest level in over a month, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “Despite just a...
by Beth McGuire | Dec 4, 2024 | Industry News, Latest News, National, News, Premier |
Mortgage applications continued their steady climb this week, increasing for the fourth-straight week as rates saw their lowest level in a month last week, according to the latest data from the Mortgage Bankers Association (MBA). Purchase applications increased 2.8%...
by Beth McGuire | Nov 21, 2024 | Industry News, Latest News, National, News, Premier |
Mortgage rates are continuing their hover in the upper sixes. The 30-year fixed-rate mortgage (FRM) ticked back up this week from last week’s 6.78% to an average of 6.84% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac,...
by Beth McGuire | Nov 20, 2024 | Industry News, Latest News, National, News |
While remaining elevated, mortgage rates have been leveling off in recent weeks, evidenced by a slight uptick in home purchase applications for the second week in a row. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers...