Mortgage Rates Eyeing 7% Territory
Mortgage rates increased for the sixth-straight week this week, reaching another high we haven’t seen in more than a decade. According to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®), the 30-year fixed-rate mortgage (FRM) rate averaged 6.70% this week, up...
Mortgage Applications Back on the Downslope
Last week’s increase in mortgage applications was short-lived following the Fed’s fourth interest rate hike last week, causing the volume of applications to give back most of its gains after what had been a six-week decline, the Mortgage Bankers Association (MBA) said...
U.S. Mortgage Delinquencies Continue to Fall in February
For the month of February, 3.2% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.5 percentage-point decrease compared to February 2021, when it was 5.7%, according to...
As Expected, Fed Hits Brakes with 50-point Hike
With little surprise, the Federal Reserve announced a larger rate hike Wednesday following their two-day meeting this week, accelerating the central bank’s efforts to curb rampant inflation and pull back from pandemic relief efforts. The 50-basis point increase is the...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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