
Beth McGuire
Online Managing Editor at RISMedia
High school mom and wife of ER nurse. VP of Online Editorial for RISMedia, the leading national source for residential real estate trade news, media and events.
Articles
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1 week ago |
rismedia.com | Beth McGuire
Rising mortgage rates and ongoing market volatility resulted in a second week of purchase activity pullbacks, but activity is still up over this time last year. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending May 23, the Market Composite Index (a measure of mortgage loan application volume) decreased 1.2% from the previous week’s 5.1% decrease. On an unadjusted basis, the Index decreased 2% compared with the previous week.
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2 weeks ago |
rismedia.com | Beth McGuire
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon.
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2 weeks ago |
rismedia.com | Beth McGuire
While economists point to the U.S. credit downgrade this past week as a reason for the rise in 10-year Treasury yields and average 30-year mortgage rate, they also note that increased housing inventory continues to keep activity at a steady pace. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the 30-year fixed-rate mortgage (FRM) averaged 6.86%, up slightly from last week’s average of 6.81%.
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2 weeks ago |
rismedia.com | Beth McGuire
Three people are sitting on a stage with microphones in their hands and participating in a public debate, one of them is speaking and gesturing with her hand Weichert Real Estate Affiliates, Inc. announced it recently held its annual Premier Client Group (PCG) event Gatlinburg, Tennessee.
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2 weeks ago |
rismedia.com | Beth McGuire
Inflation and deficit concerns coupled with a spike in mortgage rates resulted in home purchase applications pulling back this past week. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending May 16, the Market Composite Index (a measure of mortgage loan application volume) decreased 5.1% from the previous week’s 1.0% increase. On an unadjusted basis, the Index decreased 5% compared with the previous week.
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