Mortgage rates continue their fall, to 2.93%

The average 30-year fixed-rate mortgage fell three basis points from the week prior to 2.93%, according to data released Thursday by Freddie Mac‘s PMMS. This marks the first time in over two months mortgage rates have fluctuated outside a five basis point range above or below 3%. “Mortgage rates continued to drift down as markets concur with…

Carter’s: Extra 30% off Clearance!

Home » Deals » Carter’s: Extra 30% off Clearance! Published: by Gretchen on June 18, 2021  |  This post may contain affiliate links. Read my disclosure policy here. This is a great time to stock up on kid’s clothes! For a limited time, Carter’s is offering an extra 30% off clearance items! No promo code needed. There…

Creating clients for life in a hot purchase market

Despite rising home prices and a supply crunch, the purchase market is still wildly hot. In light of that, HousingWire sat down with Peter Paglia, Chief Strategy Officer at HomeBinder, to discuss how to create a “Client for Life” in this environment. HousingWire: As the refi boom simmers down, why should lenders focus on creating clients…

New home sales fall due to low inventory and high prices

Mortgage applications for new home purchases fell 9% month-over-month in May at a seasonally unadjusted pace ― the second consecutive month sales of new homes have dropped, according to data released Thursday by the Mortgage Bankers Association. Compared to May of last year, MBA’s Builder Application Survey (BAS) revealed purchases are down 5.9%. On a…