Freddie Mac’s Primary Mortgage Market Survey (PMMS) for the week ending July 8 reveals that the 30-year fixed-rate mortgage (FRM) averaged 2.9 percent with an average 0.6 point, which is down from 2.98 percent last week.
A year ago at this time, the 30-year FRM averaged 3.03 percent.
“Mortgage rates decreased this week following the dip in U.S. Treasury yields,” explains Sam Khater, Freddie Mac’s chief economist. “While mortgage rates tend to follow Treasury
I recall receiving MLS books once a month and being thrilled that a whole new population of sales were available to be considered within the
Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include Buzztoon comics, as
Let’s get real for a moment. When that email from an AMC hits your inbox, asking for your best fee and quickest turnaround, do you
