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Mortgage Rates Up for Second Straight Week

Mortgage Rates Up for Second Straight Week

by Phil Hall | May 7, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates were on the rise for the second consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.37% as of May 7, up from last week when it averaged 6.30%. A year ago at...
Home Equity Rates Declined in Q1

Home Equity Rates Declined in Q1

by Phil Hall | May 7, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from ATTOM determined that 43.3% of mortgaged residential properties during the first quarter were equity rich, down from 44.6% in the previous quarter. This marked the lowest share of equity rich residential properties since the fourth quarter of...
Urban Construction Accounted for 11% of New Q1 Listings

Urban Construction Accounted for 11% of New Q1 Listings

by Phil Hall | May 7, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only 10.9% of new housing construction listings were in urban ZIP Codes during the first quarter of this year, according to new data from Realtor.com. However, urban new construction carries a 78.4% price premium over urban existing homes, with a median listing price...
Q1 Commercial/Multifamily Borrowing Up 52% Year-Over-Year

Q1 Commercial/Multifamily Borrowing Up 52% Year-Over-Year

by Phil Hall | May 7, 2026 | Commercial Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Commercial and multifamily mortgage loan originations experienced a 52% year-over-year surge in the first quarter of this year, although they were also down by 30% from the fourth quarter of 2025. According to data from the Mortgage Bankers Association (MBA), increase...
New Index Tracks Immigrant Absorption Impact on Canadian Housing and Economy

New Index Tracks Immigrant Absorption Impact on Canadian Housing and Economy

by Phil Hall | May 7, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Immigration News Canada has launched the Canada Permanent Resident Absorption Index, an online benchmark model designed to estimate how many permanent residents can be absorbed under current economic and demographic conditions across Canada and within each province...
Cory Perkins Named President of Integrated Services at Compass

Cory Perkins Named President of Integrated Services at Compass

by Phil Hall | May 7, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Compass International Holdings (NYSE: COMP) has named Cory Perkins as president of integrated services. Perkins’ appointment follows the planned year-end retirement of Don Casey, who led integrated services at Anywhere prior to the company’s merger with Compass. Casey...
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