by Jesse Williams | Dec 1, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The latest Primary Mortgage Market Survey® (PMMS®), from Freddie Mac released Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.49%, down from last week’s 6.58% (RISMedia did not report this data due to the Thanksgiving holiday closure). The Nov. 17...
by Jesse Williams | Nov 30, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The new baseline conforming loan limit value for one-unit properties in 2023 will be $726,200, an increase of $79,000 from this year’s $647,200 value, according to a release from the Federal Housing Finance Agency (FHFA). The rest of the new baseline loan limits are:...
by Jesse Williams | Nov 28, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
For the month of September, 2.8% of all mortgages in the U.S. (approximately 1.4 million loans) were in some stage of delinquency, representing a 1.1 percentage point decrease compared to 3.9% last year, according to a new report from CoreLogic. According to...
by Jesse Williams | Nov 23, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications increased another 2.2% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA), for the week ending November 18, 2022. Last week’s results include an adjustment for the...
by Jesse Williams | Nov 22, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.45% of all loans outstanding at the end of Q3 2022, as found in a new report from The Mortgage Bankers Association (MBA). According to MBA’s...