by Beth McGuire | Feb 12, 2025 | Industry News, Latest News, National, News, Premier |
With mortgage rates still hovering at recent lows, this week saw another increase in mortgage applications, increasing 2.3% from last week’s increase of 2.2%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for...
by Beth McGuire | Feb 6, 2025 | Industry News, Latest News, National, News |
While mortgage rates have remained elevated in recent weeks, it appears the recent potentially market-shifting events such as the announcement then pause of tariffs, have had little to no effect on them. This week they continued to edge down from last week’s 6.95%...
by | Feb 6, 2025 | Industry News, Latest News, National, News, Premier |
As the real estate industry has settled into a new year and market, the latest report from the National Association of REALTORS® (NAR) found that 2024 ended with home prices having jumped across the U.S. The quarterly report, surveying median prices in 226 metro areas...
by Beth McGuire | Feb 5, 2025 | Industry News, Latest News, National, News, Premier |
While mortgage rates are still hovering just under 7%, the average fixed rate hit a six-week low this past week, leading the path to a bump in mortgage applications as February gets underway. In the latest Weekly Mortgage Applications Survey from the Mortgage Bankers...
by | Feb 4, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Politics, Premier |
When the Federal Reserve raises or lowers its benchmark interest rate, many people expect mortgage rates to follow suit. But the relationship isn’t that straightforward. The federal funds rate—the rate banks charge each other for overnight loans—has an indirect...