by Beth McGuire | Nov 14, 2024 | Industry News, Latest News, National, News, Premier |
After six straight weeks of increases, mortgage rates leveled off this week, rounding out a host of recent market-moving events including the election, a 25-basis point cut by the Fed and the first annual inflation increase in seven months. The 30-year fixed-rate...
by | Nov 13, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
As the mortgage industry continues to see some mixed signs—rates rising and falling, applications decreasing and so on—Rocket Companies continues to find success, as reported in their Q3 2024 earnings report and call. Rocket reported a total revenue of $647 million...
by Beth McGuire | Nov 13, 2024 | Industry News, Latest News, National, News, Premier |
After several weeks of decreases, mortgage applications bumped up this week, increasing 0.5% from last week’s somewhat notable decrease of 10.8%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week...
by Beth McGuire | Nov 7, 2024 | Industry News, Latest News, National, News, Premier |
Mortgage rates inched up again this week, a six-week runup to date and not expected to stabilize by the end of the year, experts noted. The 30-year fixed-rate mortgage averaged 6.79% this week, up from the previous week’s average of 6.72%, according to the latest...
by | Nov 6, 2024 | Industry News, Latest News, National, News, Premier |
One in 77 homes is vacant, for a total of 1.4 million residential “zombie” foreclosures nationwide, according to a new report from ATTOM Data. This figure has remained constant over the previous 11 quarters, according to the report. “Zombie” properties are those that...