Mortgage Rates Drop to 11-Month Lows as Market Eyes Fed Rate Cuts
Homebuyers and existing borrowers in the market to refinance are finally getting some long-awaited mortgage-rate relief. The average 30-year, fixed-rate ...
Tag: Mortgage Rates
Low Rates Fall Short in Kickstarting Mortgage Applications
Mortgage applications decreased again for the third consecutive week, according to the Mortgage Bankers Association (MBA). The volume of mortgage ...
Pending Home Sales Inch Down in July as Market Stays ‘Stuck’
The number of contract signings dropped this July, per the National Association of Realtors® (NAR). NAR found that nationally, pending ...
Mortgage Rates Hit Another Low
Sliding down another two basis points, the average 30-year fixed mortgage rate drop this week brought the figure to a ...
Mortgage Rates Level Out, Remain at 10-Month Low
Mortgage rates have leveled out, remaining this week at the lowest percentage seen since October, according to the latest Primary ...
Making the Most of Slipping Mortgage Rates
Mortgage rates have fallen to their lowest level in about 10 months—a shift that every real estate agent should be ...
Report: Housing Inventory Reached Pre-Pandemic Levels in July
A longstanding supply deficit in the U.S. housing market continued reversing course in July, per the latest market report from ...
Mortgage Mix: Fannie & Freddie Could See IPO, Mr. Cooper Lawsuit Going Ahead
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday ...
Average 30-Year-Fixed Hits Lowest Rate Since October
Seeing a third week of declines and the lowest point since October, decreasing mortgage rates saw purchase applications and especially ...
Refi’s Surge Following Mortgage Rate Decreases
Following the notable decrease in the average 30-year-fixed mortgage rate this past week, mortgage application volume increased again this week, ...
4 Hidden Costs of Homeownership Clients Should Understand
First-time buyers could not know all the expenses that go along with owning a property. Obvious ones like taxes and insurance can skyrocket year over year. Read more.
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