Mortgage, Refinance Applications Dip to Lowest Level This Year
On the heels of this month’s Consumer Price Index (CPI) data, a main measure of inflation, rising for the fourth ...
Tag: Mortgage Rates
‘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 ...
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 ...
5 Key Reasons FSBOs Regret Not Using a Real Estate Agent
Some homeowners think selling their properties with no agent will save gobs of money on commissions. Almost always they come to regret it, settling on a price that could have been better, not to mention spending way more time on the process than they envisioned Read more.
Business Tip of the Day provided by
