by Jesse Williams | Feb 23, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The Federal Housing Administration (FHA) will be lowering mortgage insurance premiums (MIPs) by 30 basis points, from 0.85% to 0.55%, the Department of Housing and Urban Development (HUD) announced in conjunction with Vice President Kamala Harris. “For this country to...
by Jesse Williams | Feb 23, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.50% this week, up from 6.32% last week, a third-straight week of upticks, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. Latest numbers: 30-year fixed-rate mortgage...
by Jesse Williams | Feb 23, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The total number of loans now in forbearance decreased by 6 basis points, from 0.7% in December to 0.64% in January, as stated in a new report from the Mortgage Bankers Association (MBA). According to the MBA’s latest monthly Loan Monitoring Survey, 320,000...
by Jesse Williams | Feb 22, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications decreased 13.3% from one week earlier, the third decrease in as many weeks, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending February 17, 2023. This week’s numbers: The...
by Jesse Williams | Feb 16, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.32% this week, an increase from last week’s 6.12%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. Experts say we can expect rates to move in the 6% – 7% range over the next few...