Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.69 percent as of December 5, 2024.
The Fannie Mae Home Purchase Sentiment Index (HPSI) increased by 0.4 points in November 2024, reaching 75.0, continuing its recent sharp upward trajectory.
The construction industry had 249,000 job openings as of the last day of October, according to an analysis by Associated Builders and Contractors based on data from the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
New data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey shows that mortgage applications rose by 6.3% for the week ending November 22, 2024.
Posted on October 25, 2024
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