by Beth McGuire | Dec 18, 2024 | Industry News, Latest News, National, News, Premier |
After five straight weeks of steady increases, mortgage applications decreased this week, along with refinance activity following a surge last week, after the first increase in mortgage rates in several weeks as well. Here’s what the Mortgage Bankers Association...
by | Dec 12, 2024 | Economy, Industry News, Latest News, National, News, Premier |
With mortgage rates continuing their descent in recent weeks, borrowers who faced rates topping out at over 8% last year, drove a surge in refinance applications this past week; we may also see further refi activity ahead, as rates continued their decline this week. ...
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%...