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30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022

30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022

by Phil Hall | Feb 26, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage averaged 5.98% in today’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.01%. A year ago at this time, it averaged 6.76%. “For the first time in three and a half...
Maryland Home Sales Down Amid Inventory Shortages

Maryland Home Sales Down Amid Inventory Shortages

by Phil Hall | Feb 26, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 3,660 homes were sold in Maryland during January, which represented an 11.9% drop from the 4,155 sales recorded one year earlier. But while sales were down, new data from Maryland Realtors showed pending sales were up by 8.1% over the same period. Still,...
Century Communities to Begin Sales at New South Carolina Townhome Community

Century Communities to Begin Sales at New South Carolina Townhome Community

by Phil Hall | Feb 25, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Century Communities Inc. (NYSE: CCS) announced it will soon begin selling residences at its latest project, Ellison Townhomes in Spartanburg, South Carolina. The new townhome community will offer 1,402-square-foot residences with three bedrooms and an...
Mortgage Application Activity Remains Flat

Mortgage Application Activity Remains Flat

by Phil Hall | Feb 25, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was mostly flat for the week ending Feb. 20, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by only 0.4% on a seasonally adjusted...
Kentucky Home Sales Drop Amid Spike in New Listings

Kentucky Home Sales Drop Amid Spike in New Listings

by Phil Hall | Feb 25, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kentucky’s housing market started 2026 with a stumble – a total of 2,717 listings were sold during January, down 35.9% from the previous month and down 3.7% from one year earlier. According to data from Kentucky Realtors, the drop in home sales was not mirrored by the...
DDB Capital to Create 52-Acre Residential Community in Alabama

DDB Capital to Create 52-Acre Residential Community in Alabama

by Phil Hall | Feb 25, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

DDB Capital Fund LLC (“DDB Capital”), an Alpharetta, Georgia-headquartered real estate investment fund, announced that the City of Cullman has approved a rezoning for the creation of a 52-acre residential community. The new community, which will be named...
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