by Jesse Williams | Nov 18, 2022 | 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. Could it be? After climbing above 7% last week, mortgage rates have tumbled 47 basis points, according to Freddie...
by Jesse Williams | Nov 17, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After a steady climb up and over the 7% mark, the latest mortgage rates tumbled this week on expectations that the rise in interest rates by the Fed may have hit its peak. According to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, the 30-year...
by Jesse Williams | Nov 16, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications saw a 2.7% increase this week, from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending November 11, 2022. This week’s results include an adjustment for...
by Jesse Williams | Nov 14, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
With home price corrections continuing across much of the country – albeit at a slower pace nationally than seen over the prior two months – the impact on homeowner equity levels is becoming clear. Despite price corrections, home values in the nation’s 50 largest...
by Jesse Williams | Nov 14, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The current state of the housing market has put home buyers, especially first time and low income buyers, on edge. With home prices and mortgage rates at record breaking highs, larger down payments have become a common expectation in home sales, leaving first time and...