by Brit Owen | Aug 6, 2021 | Industry News, Latest News, National, News |
Freddie Mac recently announced that the 30-year fixed mortgage rate (FRM) averaged 2.77%, according to its Primary Mortgage Market Survey® (PMMS®). Mortgage details: – 30-year fixed-rate mortgage averaged 2.77% with an average 0.6 point for the week ending Aug....
by Brit Owen | Jul 30, 2021 | Industry News, Latest News, National, News |
Softening and market slowdown are the new emerging keyphrases for where the housing market is headed. More sellers are coming onto the market, slowly addressing the inventory challenge and slowing home price growth, according to the latest Weekly Housing Trends report...
by Brit Owen | Jul 30, 2021 | Industry News, Latest News, National, News |
The 30-year fixed-rate mortgage is averaging 2.80%, according to the latest Private Mortgage Market Survey from Freddie Mac. Here’s where rates stand: – The 30-year fixed-rate mortgage averaged 2.80% with an average 0.7 point for the week ending July 29,...
by Brit Owen | Jul 29, 2021 | Industry News, Latest News, National, News |
Are real estate investors creating excessive competition amid the inventory shortage? According to a new report from realtor.com®, some markets are being hit hard by investor activities, while others are benefitting. According to the data, investors are worsening the...
by Brit Owen | Jul 27, 2021 | Industry News, Latest News |
New single-family home sales fell 6.6% in June to a 676,000 seasonally adjusted annual rate of 676,000, according to the latest Commerce Department monthly report. The June number follows downward revisions to the May estimate and marks the lowest rate since April...