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 a modest increase to interest rates at the beginning of the year, home appreciation showed few signs of slowing down. In fact, two major indices that measure the health of home sale prices showed double digit increases year over year. The Case-Shiller National...
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...
by PMR Roseville Elite | Apr 27, 2021 | Blog
Sticker shock over home prices is a recurring event in today’s market. The trend is just not letting up, but it’s also an opportunity. Homebuyers, home sellers and homeowners watch in awe as home pricing reaches new historic levels. For the first time since 1992, home...
