MegaStar Financial Services Appoints Mickey Schilling, CMB®, as Chief Revenue Officer
MegaStar Financial Services announces Mickey Schilling, CMB®, as Chief Revenue Officer. With over 25 years in the mortgage industry, Mickey brings exceptional expertise in driving retail growth, building high-performing teams, and developing transparent, results-oriented business models. In her new role, she will drive production, oversee revenue initiatives, and lead MegaStar’s strategic push into new markets—positioning […]
Mortgage Rates Decrease Slightly as Powell Opens Door to Interest Rate Cut
Mortgage rates declined two basis points last week, according to the Freddie Mac Primary Mortgage Market Survey released August 28th. Mortgage rates are at a 10-month low. Purchase demand continues to rise on the back of lower rates and solid economic growth. Though many potential homebuyers still face affordability challenges, consistently lower rates may provide them with […]
Rates Hold Steady Amid Federal Reserve Divergence of Opinion
After four weeks of declines, mortgage rates remained flat last week, according to the Freddie Mac Primary Mortgage Market Survey released August 21st. Over the summer, rates have come down and purchase applications have outpaced 2024; however, homebuyers continue waiting on the sideline for rates to further decrease. Mortgage applications decreased 1.4 percent from one week earlier, according to […]
Rates Continue To Fall, Spurring Refinance Applications
Mortgage rates decreased another five basis points last week, according to the Freddie Mac Primary Mortgage Market Survey released August 14th. This is the lowest that the 30 year fixed-rate mortgage has been since October 2024. Furthermore, rates are down 31 basis points from recent highs at the end of May and down a total of 46 points […]
Rates Continue Lower as Job Growth and Service Sector Activity Show Weakness
Mortgage rates decreased nine basis points last week, according to the Freddie Mac Primary Mortgage Market Survey released August 7th. This is the lowest that the 30-year fixed-rate mortgage has been since mid-April and is down 23 basis points from its recent highs at the end of May. The decline in mortgage rates increases prospective homebuyers purchasing […]
Rates Show Little Movement, Inflation Increases Slightly in June
Mortgage rates decreased two basis points last week, showing little movement, according to the Freddie Mac Primary Mortgage Market Survey released July 31st. This is the fourth week in a row remaining in the same narrow range. Continued economic growth, along with moderating house prices and rising inventory, bodes well for buyers and sellers alike. […]
