Mortgage Rates Reach Highest Level in Almost 23 Years
After a slight uptick to 7.19% a week ago, the 30-year fixed-rate mortgage (FRM) averaged 7.31% this week, its highest ...
Tag: Interest Rates
Mortgage Mix: Rates Stay Above 7%; Applications Shoot Up
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 Remain Relatively Flat This Week
The 30-year fixed-rate mortgage (FRM) remained relatively flat, increasing minorly from last week’s average of 7.18% to an average of ...
Mortgage Rates Inch Back Up
The 30-year fixed-rate mortgage (FRM) averaged 7.18% this week, back to where it was two weeks ago after a dip ...
Mortgage Applications Decrease This Week, Reaching Lowest Level Since 1996
Mortgage applications decreased 0.8% from one week earlier, when it decreased 2.9%, according to the latest Weekly Mortgage Applications Survey ...
Regional Spotlight: Readjusting From a Market High in Texas
While 2023 is more than halfway over, now is a good time to take stock of the trends that have ...
Mortgage Rates Take a Slight Dip This Week, but Remain Over 7%
While still lingering around the 20-year-high level, the 30-year fixed-rate mortgage (FRM) averaged 7.18%, down just a bit from last ...
Inflation Nudges Up, Adding to Rate Worries
The latest report on Personal Consumption Expenditures (PCE) showed prices climbing by 0.3% from last month, an expected but still ...
Mortgage Applications Increase After 5-Week Decline
After five consecutive weeks of declines including to their lowest level in 28 years, mortgage applications increased this week, 2.3% ...
Mortgage Rates Continue Their Rise
The 30-year fixed-rate mortgage (FRM) jumped from last week’s average of 7.09% to an average of 7.23% this week, according ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
Business Tip of the Day provided by
