by Beth McGuire | Mar 5, 2025 | Industry News, Latest News, National, News, Premier |
Following a run of home purchase application declines in recent weeks, the Mortgage Bankers Association (MBA) is reporting a surge in these as well as refinance applications following a plunge in the average mortgage rate that resulted from a host of recent market...
by | Feb 28, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Inflation remains elevated and consumer spending has tightened as all eyes are on the Fed’s favorite inflation measure ahead of the central bank’s closely watched March meeting. The Personal Consumption Expenditures (PCE) price index (tracking costs of goods and...
by | Feb 27, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage rates have officially fallen to the lowest level seen in over two months, but remain hovering not too far below 7%. The average 30-year mortgage rate decreased from 6.85% last week to 6.76% this week, according to the latest Primary Mortgage Market Survey®...
by | Feb 26, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage applications continued their fall for the second consecutive week, as mortgage rates remain elevated, hovering just under 7%. According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 21,...
by | Feb 25, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Consumer confidence took a nose dive in February, according to the monthly survey conducted by non-profit The Conference Board, below a critical threshold that signals a a possible recession “In February, consumer confidence registered the largest monthly decline...