Foreclosure Activity Sees Decline in November
A total of 32,120 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in November, down 7% from a month ago but up 5% from a year ago, according to a new report from ATTOM. ATTOM’s Foreclosure Market Report for November found...
Mortgage Rates Hover Near 7%
The 30-year fixed-rate mortgage (FRM) decreased for the sixth straight week, from last week’s average of 7.22% to an average of 7.03% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers:...
FHFA Announces Conforming Loan Limit Values for 2024
The baseline conforming loan limit (CLL) for most U.S. mortgages backed by Freddie Mac and Fannie Mae in 2024 has increased from $726,200 to $766,550, an increase of $40,350 or 5.56% from 2023, according to the annual release by the Federal Housing Finance Agency...
Mortgage Mix: Rates Fall, but Not Below 7%
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. As Freddie Mac notes, mortgage rates have continued to decline for five consecutive weeks. While the 30-year fixed-rate...
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.
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