‘Lock-in Effect’ Appears to be Giving Way, According to Zillow
A new report by Zillow shows that sellers are in a more advantageous position than buyers, so much so that ...
Tag: Mortgage Rates
Average Mortgage Rate Continues to Decrease
The average 30-year-fixed rated mortgage continued edging downward this week, lowering from last week’s 6.89% to 6.87%, according to the ...
Refinance Applications Reach Highest Point Since October
With mortgage rates still hovering at recent lows, this week saw another increase in mortgage applications, increasing 2.3% from last ...
Mortgage Rates Continue Edging Downward
While mortgage rates have remained elevated in recent weeks, it appears the recent potentially market-shifting events such as the announcement ...
Mortgage Applications Increase This Week Following 6-Week Low in Rates
While mortgage rates are still hovering just under 7%, the average fixed rate hit a six-week low this past week, ...
Here’s What Moves Mortgage Rates—and Why It’s Not Always the Fed
When the Federal Reserve raises or lowers its benchmark interest rate, many people expect mortgage rates to follow suit. But ...
Tariffs, Likely to Be ‘Inflationary,’ Face Uncertain Future
On Sat., Feb. 1, President Donald Trump imposed previously promised tariffs, implementing a 25% tax on imported goods from Mexico ...
Fed’s Preferred Inflation Gauge Rose Again at the End of 2024
The Federal Reserve declined to cut interest rates any further at its latest meeting—and the Fed’s preferred inflation metric now ...
Mortgage Rates Edge Downward, Little Change From Last Week
Mortgage rates inched lower this week, still hovering below 7% but showing little change since earlier this month. The latest ...
Decline in Refinance Activity Drove Mortgage Applications Lower This Week
Mortgage industry experts pointed to a drop in refinance activity as the overall driver of home purchase applications decreasing this ...
RISMedia Headliners: Innovating for the Future
Succeeding in the new year will take more than determination and hard work—it will require utilizing technology that facilitates efficiency and increased business. In this in-depth feature, real estate tech leaders share the innovations they believe will give agents and brokers a competitive advantage in 2026. Read more.
Business Tip of the Day provided by
