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Study: Canadians Re-Evaluating Their Relationships with Lenders

Study: Canadians Re-Evaluating Their Relationships with Lenders

by Phil Hall | Sep 11, 2025 | International Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Canadians are re-evaluating their relationships with their financial institutions for additional credit support, according to new research from Equifax Canada. Among the key findings from the survey are the following: 56% of mortgage holders say they will explore...
Mortgage Rates Drop to 11-Month Low

Mortgage Rates Drop to 11-Month Low

by Phil Hall | Sep 11, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 11, its lowest level since last October. According to the Primary Mortgage Market Survey (PMMS) published by Freddie Mac (OTCQB: FMCC), this week’s mortgage rate is down from last week when it averaged 6.50%....
Mortgage Credit Availability Inched Up During August

Mortgage Credit Availability Inched Up During August

by Phil Hall | Sep 11, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The rate of mortgage credit availability recorded a mild uptick in August according to new data from the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI). Last month, the MCAI rose by 0.1% to 104.0 in August; the index was benchmarked to...
Mortgage Application Activity Up 9.2%

Mortgage Application Activity Up 9.2%

by Phil Hall | Sep 10, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Mortgage application activity surged during the week ending Sept. 5, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 9.2% on a seasonally adjusted basis from...
Housing Is Not a Game — It’s the American Dream

Housing Is Not a Game — It’s the American Dream

by John G. Stevens | Sep 6, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

For far too long, housing has been reduced to a prop in America’s political theater. It’s the backdrop for campaign rallies, the bullet point slipped into glossy mailers, the soundbite dropped to score applause. But behind every hollow promise, real families are...
Report: 3 Trump Cabinet Members Have 2 Mortgaged Properties with Both Claimed as Primary Residences

Report: 3 Trump Cabinet Members Have 2 Mortgaged Properties with Both Claimed as Primary Residences

by Phil Hall | Sep 5, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A new report is accusing the Trump administration of not practicing what it preaches regarding political figures with multiple mortgages that each claim to be for a primary residence. An investigative article published by ProPublica has found Labor Secretary Lori...
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