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30-Year Fixed-Rate Mortgage Floats Up to 6.00%

30-Year Fixed-Rate Mortgage Floats Up to 6.00%

by Phil Hall | Mar 5, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage inched up to 6.00% as of March 5, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). Last week, it fell below the 6.00% mark for the first time since 2022, averaging 5.98%. A year ago at this time,...
Survey: Home Prices, Not Mortgage Rates, Are the Greatest Barrier for Buyers

Survey: Home Prices, Not Mortgage Rates, Are the Greatest Barrier for Buyers

by Phil Hall | Mar 5, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

While mortgage rates are in a downturn, a new survey finds most Americans complaining that elevated home prices are keeping them out of the housing market. The survey of 1,003 adults conducted on March 2 by HomeServe, a leading residential infrastructure repair...
St. Petersburg Mayor: City is in ‘Better Place’ Without New Stadium for Tampa Bay Rays

St. Petersburg Mayor: City is in ‘Better Place’ Without New Stadium for Tampa Bay Rays

by Phil Hall | Mar 5, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

St. Petersburg Mayor Ken Welch has no regrets that the Tampa Bay Rays withdrew their plans last year to build a stadium in his city. Indeed, he’s quite happy about it. Last March, the team discontinued its plans for a new $1.3 billion, 30,000-seat venue in St....
Toronto Home Sales and Prices Slumped in February

Toronto Home Sales and Prices Slumped in February

by Phil Hall | Mar 5, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A total of 3,868 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in February, down by 6.3% from one year earlier. The decline in sales was matched with a 17.7% drop in new listings, which totaled 10,705 last month. On a...
iPic Theaters Files for Bankruptcy, Plans to Sell Assets

iPic Theaters Files for Bankruptcy, Plans to Sell Assets

by Phil Hall | Mar 5, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The iPic Theaters cinema chain, which offers dine-in service to its moviegoing audiences, has filed for Chapter 11 bankruptcy and is planning the sale of its assets. According to combined media reports, the Boca Raton, Florida-headquartered company previously filed...
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