by Beth McGuire | Nov 16, 2023 | Industry News, Latest News, National, News |
The 30-year fixed-rate mortgage averaged 7.44%, down again from last week’s average of 7.5%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage averaged 7.44% as of...
by | Nov 14, 2023 | Agents, Brokers, Economy, Industry News, Latest News, Lead Story, News, Premier |
At an International Monetary Fund research conference held Nov. 9 in Washington, D.C., Federal Reserve Chair Jerome Powell warned that while progress was being made to curb inflation, there was a possibility that more rate hikes could be in the offing—which, of...
by | Nov 10, 2023 | Brokers, Industry News, Latest News, National, News, Premier |
Despite clocking in a $5.5 million net loss in Q3, Fathom executives are choosing to hone in on the positive—large agent growth. The company’s revenue came in at $93.5 million, a decrease of 16% from the $111.3 million seen in Q3 last year. Transactions were also down...
by | Nov 10, 2023 | Agents, Best Practices, Brokers, Industry News, Latest News, National, News, Premier |
-Hallelujah! After almost a full year of rising rates, the 30-year fixed fell more than 25 basis points, according to Freddie Mac. Mortgage applications saw a corresponding bump, with hopes that further rate relief could boost the market through the winter season....
by Beth McGuire | Nov 9, 2023 | Industry News, Latest News, National, News |
The 30-year fixed-rate mortgage (FRM) saw its second week of declines, this week averaging 7.5%, down from 7.76% last week, according to the latest Primary Mortgage Market Survey® (PMMS®) released today by Freddie Mac. This week’s numbers: 30-year fixed-rate mortgage...