Report Shows Equity-Rich Locations Are Saturated Throughout Much of the U.S.
A new report from ATTOM Data shows that equity-rich locales remain concentrated in certain areas, with at least half of all homes with a mortgage considered equity rich located in more than 40% of U.S. zip codes. A mortgage is considered “equity-rich” if the remaining...
Mortgage Rates Edge Downward, Little Change From Last Week
Mortgage rates inched lower this week, still hovering below 7% but showing little change since earlier this month. The latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.95%, down...
Decline in Refinance Activity Drove Mortgage Applications Lower This Week
Mortgage industry experts pointed to a drop in refinance activity as the overall driver of home purchase applications decreasing this week, although it was only slightly and also indicative of persistently elevated mortgage rates hovering near 7%. According to the...
Fannie Mae: Higher Mortgage Rates Likely to Keep Existing Home Sales Near Multi-Decade Lows
The recent jump in the 10-year Treasury yield and the resulting rise in mortgage rates are expected to continue to weigh on existing home sales in the near future, likely keeping them at or near their lowest level since 1995, according to the January 2025 commentary...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
Read more.
Provided by
