by Liz Ruggiero | Jun 13, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
A total of 35,196 properties have foreclosure filings, up 7% from last month and 14% from last year, according to a new report from ATTOM. ATTOM’s U.S. Foreclosure Market Report for May found that nationwide one in every 3,967 housing units had a foreclosure filing....
by Liz Ruggiero | Jun 9, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
–Mortgage rates dropped slightly after a sharp rise at the end of May, according to the latest report from Freddie Mac. Falling eight basis points from a six-month high to 6.71%, homebuyers are still feeling the affordability squeeze, with another Fed meeting on...
by Liz Ruggiero | Jun 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After three weeks of hikes, mortgage rates did an about-face this week. According to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac, the 30-year fixed-rate mortgage (FRM) averaged 6.71% this week, down from 6.79% the previous week. This week’s...
by Aidan Whalen | Jun 7, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications decreased 1.4% this week, down from a 3.7% decrease the previous week and reaching its fourth-straight week of dips, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending...
by Liz Ruggiero | Jun 6, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
In Q1 2023, 1.25 million mortgages secured by residential properties (1 to 4 units) were originated, down 19% from Q4 2022 and the eighth quarterly decrease in a row, according to a new report from ATTOM. ATTOM’s Residential Property Mortgage Origination Report for Q1...