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 Beth McGuire | Feb 19, 2025 | Industry News, Latest News, National, News, Premier |
On the heels of this month’s Consumer Price Index (CPI) data, a main measure of inflation, rising for the fourth consecutive month, this week’s mortgage application data reversed course from its recent run of increases. According to the latest Mortgage Applications...
by Beth McGuire | Feb 12, 2025 | Industry News, Latest News, National, News, Premier |
With mortgage rates still hovering at recent lows, this week saw another increase in mortgage applications, increasing 2.3% from last week’s increase of 2.2%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for...
by Beth McGuire | Feb 5, 2025 | Industry News, Latest News, National, News, Premier |
While mortgage rates are still hovering just under 7%, the average fixed rate hit a six-week low this past week, leading the path to a bump in mortgage applications as February gets underway. In the latest Weekly Mortgage Applications Survey from the Mortgage Bankers...
by Beth McGuire | Jan 29, 2025 | Agents, Best Practices, Brokers, Industry News, Latest News, National, News, Premier |
Mortgage industry experts pointed to a drop in refinance activity as the overall driver of home purchase applications decreasing this week, although it was only slightly and also indicative of persistently elevated mortgage rates hovering near 7%. According to the...