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Mortgage Rates Remain Flat

Mortgage Rates Remain Flat

The 30-year fixed rate mortgage averaged 6.76% as of May 8, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is unchanged from last week and down from the 7.09% rate recorded one year ago. The 15-year fixed-rate mortgage...

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NAR: Q1 Home Prices Up in 83% of Metro Markets

NAR: Q1 Home Prices Up in 83% of Metro Markets

Single-family existing home sales prices were up in 83% of metro markets (189 out of 228) during the first quarter, according to data from the National Association of Realtors (NAR), which also found 11% of the tracked metro areas recorded double-digit price gains,...

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Q1 Home Equity Levels Down Slightly

Q1 Home Equity Levels Down Slightly

A new data report from ATTOM has found 46.2% of mortgaged residential properties were considered equity-rich in the first quarter, down from 47.7% in the fourth quarter of 2024. However, the rate is also nearly double what it was in the first quarter of 2020, prior to...

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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.

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