Mortgage rates took a dip for the second consecutive week, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.69% as of June 15, down from last week when it averaged 6.71%. A year ago at...
More than nine of every 10 U.S. homeowners with mortgages (91.8%) have an interest rate below 6%, according to a new report from Redfin (NASDAQ:RDFN). This is slightly below the record high of 92.9% hit in mid-2022. Redfin also noted that 82.4% of mortgaged homeowners...
Mortgage rates went into minor decline after three weeks in ascension, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTC:FMCC). The 30-year fixed-rate mortgage averaged 6.71% as of June 8, down from last week when it averaged 6.79%. A year...
Mortgage application activity declined for the fourth consecutive week, according to data from the Mortgage Bankers Association (MBA). At the end of last week, the trade group’s Market Composite Index was down by 1.4% on a seasonally adjusted basis from one week...
Affordable homeownership opportunities continue to be an elusive concept, with new data from Black Knight Inc. (NYSE:BKI) that found all of the nation’s 100 largest markets remain less affordable than their respective long-term averages. The new data study determined...
Mainstay Raises $18 Million and Buys Truelist in Push Into Real Estate Brok…
