by Jesse Williams | Jan 26, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.13% this week, a slight tick down from last week’s dip to 6.15%, according to the latest Primary Mortgage Market Survey® (PMMS®), from Freddie Mac. This week’s numbers: 30-year fixed-rate mortgage averaged 6.13% as of...
by Jesse Williams | Jan 25, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After a strong rebound at the beginning of the new year, mortgage applications continued their increase last week, albeit at a slower pace to 7.0% from one week earlier. The week ending Jan. 13 saw a 29.7% increase from the first week of the year. These are the latest...
by Jesse Williams | Jan 24, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The total number of loans now in forbearance remained at 0.7% from November to December 2022, as stated in a new report from the Mortgage Bankers Association (MBA). According to the MBA’s latest monthly Loan Monitoring Survey, 350,000 homeowners are in forbearance...
by Jesse Williams | Jan 19, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage rates dipped again this week, a downward pattern in recent weeks that economists say is providing a much-needed boost to the housing market. This week, the 30-year fixed-rate mortgage (FRM) averaged 6.15%, down from 6.33% last week, according to the latest...
by Jesse Williams | Jan 18, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications increased 27.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 13, 2023. The Market Composite Index, a measure of mortgage loan application...