Despite Drop in Rates, Mortgage Applications Decreased This Week
Despite the most recent drop in average mortgage rates, mortgage applications decreased this week, down 2.2% from last week’s 3.9% ...
Tag: Real Estate Economics
NAR’s Yun Predicts Interest Rate Cuts, With More to Come in 2025
Interest rates may be seeing their first cut this fall, possibly even as soon as September, according to the National ...
Mortgage Rates Continue to Fall as Other Economic Factors Cool
The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.89% to an average of ...
Economic Index Fell Slightly in June; Year-Over-Year Growth More Positive
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Mortgage Applications Reverse Course, Rise as Rates Fall
Mortgage applications rose this week as mortgage rates saw a decrease, increasing 3.9% from one week earlier, according to data ...
Homebuilder Confidence Continues to Reach New Lows in 2024
Mortgage rates hovering near 7% and elevated rates for construction and development loans continued to put pressure on builder confidence ...
Mortgage Mix: Powell Grilled on Inflation; Rates Once Again Back Below 7%
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 Fall, in Line with Welcomed Cooling Consumer Prices, Jobs Numbers
Following the first dip in consumer prices in four years and home prices in some markets declining, the average 30-year ...
Biden Lauds CPI’s June Inflation Data; Lower Rates May Be on the Way
Mortgage rates may finally start to begin a steady lower trajectory nationally following encouraging news on inflation. The Consumer Price ...
Mortgage Applications Dip, Refinance Activity Down Almost 35% as Rates Remain Elevated
As the 30-year average mortgage rates teased 7% this past week, mortgage application activity saw a second-straight week of decreases, ...
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.
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