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 ...
Tag: Housing Market
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 ...
Report: Rent Growth Picked Up in July
Consistent economic growth and demographic trends sustained multifamily demand at the start of the third quarter, according to the latest ...
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 ...
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 ...
Fed Holds Steady, Eyeing September Rate Cut
Unsurprisingly, Federal Reserve (Fed) officials made the decision not to cut interest rates yesterday afternoon, despite indicators that the economy ...
Vacillating Mortgage Application Activity Reflects Buyer Holdout for Lower Rates: MBA
Mortgage applications decreased for the second week, down 3.9% from last week’s decline of 2.2%, according to the latest Weekly ...
Where Does Kamala Harris Stand on Housing? What You Need to Know
With President Biden bowing out, and Kamala Harris now the likely Democratic nominee for the 2024 presidential election, real estate ...
Potential Rate Cut in September Still in Play After June Inflation Report
The personal consumption expenditures price index (PCE) increased 0.1% in June (slightly up from May’s 0% monthly change) and was ...
With the New Year Around the Corner, Leaders Offer New Ways to Boost Agent Productivity
A panel of industry experts recently gathered to discuss ways to boost productivity and streamline the sale process as 2024 winds down. Read more.
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