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Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?

Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?

by Phil Hall | Aug 15, 2025 | Mortgage Information, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Will the Trump administration’s plans to sell shares in Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) result in a spike in mortgage rates, or will it drive rates down? The answer, it seems, depends which expert you ask. The Trump administration is reportedly...
Mortgage Rates at 10-Month Low

Mortgage Rates at 10-Month Low

by Phil Hall | Aug 14, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate averaged 6.58% as of Aug. 14, 2025, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.63%; it also marked the lowest level recorded year-to-date. A year...
Q2 Mortgage Delinquency Rate Down Slightly

Q2 Mortgage Delinquency Rate Down Slightly

by Phil Hall | Aug 14, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The second quarter delinquency rate for mortgage loans on one-to-four-unit residential properties declined to a seasonally adjusted rate of 3.93% of all loans outstanding, according to data from the Mortgage Bankers Association (MBA). The delinquency rate was down 11...
Foreclosure Activity Up 13% Year-Over-Year

Foreclosure Activity Up 13% Year-Over-Year

by Phil Hall | Aug 14, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 36,128 residential properties had foreclosure filings in July, up 11% from the prior month and up 13% from one year earlier. According to data from ATTOM, one in every 3,939 housing units had a foreclosure filing in July. The states with the worst...
Refinancing Surge Fuels Rise in Mortgage Application Activity

Refinancing Surge Fuels Rise in Mortgage Application Activity

by Phil Hall | Aug 13, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity took a substantial increase for the week ending Aug. 8 thanks to an uptick in refinance inquiries, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application...
Multifamily Developer Confidence Up Slightly During Q2

Multifamily Developer Confidence Up Slightly During Q2

by Phil Hall | Aug 7, 2025 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Multifamily developers expressed increased a slightly higher degree of confidence in their market during the second quarter, according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two...
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