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...
California Gov. Gavin Newsom is following President Trump’s lead by calling for a shutdown on institutional investors from purchasing single-family homes. The San Jose Mercury News reports 3% of California’s single-family homes are owned by large companies, according...
Homes were less affordable than historical averages in almost every county with sufficient data to analyze for the fourth quarter of 2025, according to a new report from ATTOM. Out of the 594 counties analyzed for the report, 99% (586) of the counties had...
Mortgage credit availability ended 2025 on a down note, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI dropped by 2.6% to 104.7 in December; the index was benchmarked to 100 in March 2012. The...
Mill Creek Residential has broken ground on its latest Texas development: Amavi Northwest Austin, a single-family, build-to-rent (BTR) community in the Northwest Austin/Round Rock metropolitan area. The gated, pet-friendly community will feature 144 three- and...
Sen. Elissa Slotkin (D-MI) has called on President Trump to declare a national housing emergency while introducing a new bill that would grant him executive power to increase home construction production. In an interview with MS Now, Slotkin said that her National...
Hits and Misses for the Real Estate Week of April 6-10
