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Avi Shemesh, co-founder and principal of CIM Group, said: “The high level of activity in the first quarter follows a robust 2021 where we saw a strong uptick in demand in southern and southwestern markets such as Atlanta, South Florida,…
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Average mortgage rates hit a new high over the past week, with the 30-year Freddie Mac benchmark reaching 5% for the first time in over a decade. The 30-year fixed rate mortgage average came in at 5% for the weekly period ending April 7,…
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Last year, mortgage originators had the best of everything — low interest rates that attracted plenty of refinancings and increasing purchase demand at the same time. RELATED: THE TOP PRODUCERS OF 2022 - THE COMPLETE LIST But as easy as it…
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