by Aidan Whalen | Aug 4, 2023 | Industry News, Latest News, National, News, Premier |
After seeing a revenue that was well down from 2022 and company projections in Q1, Rocket Companies ramped up business and reported much stronger earnings in Q2, putting them back on track for 2023. This win comes right after the company announced a shift in...
by Aidan Whalen | Aug 4, 2023 | Industry News, Latest News, National, News, Premier |
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -Ratings agency Fitch downgraded both U.S. government debt and Fannie and Freddie, in a move that rattled financial...
by Aidan Whalen | Aug 3, 2023 | Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) averaged 6.90% this week, up for the second week in a row from last week’s 6.81%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate...
by Liz Ruggiero | Aug 2, 2023 | Industry News, Latest News, National, News, Premier |
Mortgage applications saw a second straight week of decreases, this week down 3.0% from last week’s dip of 1.8%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending July 28, 2023. This week’s...
by Liz Ruggiero | Aug 1, 2023 | Industry News, Latest News, National, News, Premier |
Racial disparities in homeownership are partially contributed to by the mortgage industry, according to a new report from LendingTree. LendingTree’s new report took a look at the 2022 Home Mortgage Disclosure Act (HMDA) data, and found that the share of Black...