by Aidan Whalen | May 10, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Following a slight decrease of 1.2% last week, mortgage applications increased 6.3% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending May 5, 2023. This week’s numbers:...
by Liz Ruggiero | May 9, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The amount of equity-rich homes decreased slightly from 48% in Q4 2022 to 47.2% in Q1 2023, marked the second straight quarterly decline, according to a new report from ATTOM. ATTOM’s Home Equity & Underwater Report for Q1 2023 found that 3% of mortgaged homes, or...
by Aidan Whalen | May 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
In January 2023, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac (the GSEs) to change the structure of their upfront fees and the levels of some fees. While these changes will provide more clarity for investors and help some consumers,...
by Liz Ruggiero | May 5, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
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. According to Mortgage News Daily, the 30-year fixed-rate mortgage currently sits at 6.45%, a decrease of 0.04% from...
by Liz Ruggiero | May 4, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.39% this week, down slightly from last week’s bump up to 6.43%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers 30-year fixed-rate mortgage...