by | Sep 7, 2023 | Economy, Industry News, Latest News, National, News, Premier |
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. Mortgage rates The 30-year fixed-rate mortgage (FRM) averaged 7.12% this week, down slightly from last week’s 7.18%,...
by | Sep 6, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The total number of mortgages secured by residential property increased to 1.56 million during Q2 2023, according to a new report from ATTOM. While that remained down 38% from a year earlier, it was up 21% from last quarter—the first increase in two years. ATTOM’s...
by | Aug 31, 2023 | Consumer, Industry News, Latest News, National, News, Premier |
With home prices and mortgage rates posing a hurdle to many homebuyers, not to mention other economic headwinds like inflation, there are a lot of markets left in the dust lately with very little activity. So where can homebuyers look for booming markets that have...
by | Aug 31, 2023 | Agents, Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The latest report on Personal Consumption Expenditures (PCE) showed prices climbing by 0.3% from last month, an expected but still potentially concerning increase in inflation as the Federal Reserve mulls its next move on interest rates. The PCE index, which is the...
by Aidan Whalen | Aug 17, 2023 | Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) surged this week to its highest level in more than 20 years, averaging 7.09%, which is also a fourth-straight week of rate hikes, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday....