Mortgage Rates Remain at Lowest Level in Over a Year
With the exception of one increase over the Fourth of July, the average mortgage rate has either dipped or remained ...
Tag: Real Estate Economics
Mortgage Applications, Refinance Activity Surge for Second Week in a Row
Increased mortgage application activity reached a new record this week, increasing 16.8% from one week earlier, when it hit its ...
Mortgage Mix: Rates Dip Sharply; Major Lender Prepping for Refinance Boom
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 Plummet to Lowest Level in Over a Year
The 30-year fixed-rate mortgage (FRM) dropped drastically to the lowest level seen in over a year, from last week’s average ...
Redfin CEO Alarmed at Pace of 2024 Home Sales; Earnings Tread Water
Corporate quarterly reports, unless they include dramatic swings in earnings, are often same-old, same-old. However, when the industry is in ...
Mortgage Applications Reach Highest Volume Since January
Mortgage applications increased 6.9% from one week earlier, reaching the highest volume seen since January of this year, according to ...
Technological Focus Continues to Drive Rocket Mortgage’s Success
As the mortgage industry continues to see signs—lowering mortgage rates and worsening applications—that point to the strong possibility of a ...
Mortgage Mix: Incoming Rate Cut Reflected in Recent Data
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. ...
Unemployment Rises in July, Experts See Hope on Horizon
The U.S. added 114,000 jobs in July, below the average monthly gain of 215,000 over the prior 12 months, according ...
Mortgage Rates Dip to Lowest Level Since February
While there’s no direct correlation between interest rate cuts and mortgage rate dips, per se, both segments saw some positive ...
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.
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