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...
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...