by PMR Roseville Elite | Jul 30, 2021 | Blog
If you’re thinking about buying a home, it’s an exciting time. As conditions improve, now might be the time to go all in on homeownership. With relatively low interest rates and a slight uptick to the number of available homes, there seems like no better time to buy....
by PMR Roseville Elite | Jul 30, 2021 | Blog
Borrowers enjoyed ultra-low interest rates before rates began to slowly creep upward at the beginning of the year. Freddie Mac is forecasting further increases as the year progresses, providing a short window for borrowers to purchase or refinance their loan at a...
by PMR Roseville Elite | Jul 30, 2021 | Blog
In the world of mortgage originations, those in the category of purchases reached the highest level since the early part of 2020. According to an ICE Mortgage Technology, home purchases held onto 47% share of mortgage originations. Here’s how other categories fared:...
by PMR Roseville Elite | Jul 30, 2021 | Blog
Following a minor slump, mortgage application volume jumped by its largest seven-day margin of 2021 earlier in July. According to the Mortgage Bankers Association and its market index, application volume rose by 16%. Favorable interest rates, which keep getting...
by PMR Roseville Elite | May 5, 2021 | Blog
Despite red-hot market conditions, something peculiar is happening to pending home sales. According to the National Association of Realtors, pending home sales experienced a two-month slump at the start of 2021 before increasing by 1.9%. The upward movement was a...