by Beth McGuire | Dec 4, 2024 | Industry News, Latest News, National, News, Premier |
Mortgage applications continued their steady climb this week, increasing for the fourth-straight week as rates saw their lowest level in a month last week, according to the latest data from the Mortgage Bankers Association (MBA). Purchase applications increased 2.8%...
by | Nov 27, 2024 | Agents, Brokers, Industry News, Latest News, National, News |
Inflation rose slightly in October as the Federal Reserve tries to decide how much it should lower interest rates, the Commerce Department reported November 27. The PCE price index increased 0.2% in October. Excluding food and energy (so-called “core inflation”), the...
by Beth McGuire | Nov 21, 2024 | Industry News, Latest News, National, News, Premier |
Mortgage rates are continuing their hover in the upper sixes. The 30-year fixed-rate mortgage (FRM) ticked back up this week from last week’s 6.78% to an average of 6.84% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac,...
by | Nov 21, 2024 | Agents, Brokers, Economy, Industry News, Latest News, National, News, Premier |
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term, declined by 0.4% in October, to 99.5, following a 0.3% decline in...
by Beth McGuire | Nov 20, 2024 | Industry News, Latest News, National, News |
While remaining elevated, mortgage rates have been leveling off in recent weeks, evidenced by a slight uptick in home purchase applications for the second week in a row. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers...