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Mortgages Above 6% Now Exceed Share of Mortgages Below 3%

Mortgages Above 6% Now Exceed Share of Mortgages Below 3%

by Phil Hall | Jan 14, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The share of homeowners carrying mortgage rates above 6% has surpassed the share of those holding mortgages with rates below 3%, according to a new data report from Realtor.com. Mortgage rates have been above 6% since September 2022 and peaked at 7.04% in January...
Mortgage Application Activity Soars by 28.5%

Mortgage Application Activity Soars by 28.5%

by Phil Hall | Jan 14, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity soared during the week ending Jan. 9, according to data from the Mortgage Bankers Association (MBA). The data included an adjustment for the New Year’s Day holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
Commercial/Multifamily Mortgage Debt Up 1.1% During Q3 2025

Commercial/Multifamily Mortgage Debt Up 1.1% During Q3 2025

by Phil Hall | Jan 13, 2026 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The level of commercial/multifamily mortgage debt outstanding increased by $53.4 billion (1.1%) during the third quarter of 2025, according to data from the Mortgage Bankers Association (MBA). Total commercial/multifamily mortgage debt outstanding rose to $4.93...
White House Dropping Plans for 50-Year Mortgage

White House Dropping Plans for 50-Year Mortgage

by Phil Hall | Jan 12, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Trump administration is dropping its efforts to push for 50-year mortgages as a strategy to encourage affordable homeownership. In November, Federal Housing Finance Agency Director Bill Pulte encouraged President Trump to float the idea for the 50-year mortgage....
Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds

Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds

by Phil Hall | Jan 8, 2026 | Mortgage Information, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Trump announced he is directing his “representatives” to buy $200 billion in mortgage bonds as a strategy for driving down mortgage rates. In a posting on Truth Social, Trump blamed former President Biden for ignoring the housing market and...
Mortgage Rates Record Slight Increase

Mortgage Rates Record Slight Increase

by Phil Hall | Jan 8, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates started 2026 on with a mild uptick, according to the Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.16% as of Jan. 8, up slightly from last week when it averaged 6.15%. A year ago at this time, it...
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