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Mortgage Rates in Mild Decline

Mortgage Rates in Mild Decline

by Phil Hall | Jun 5, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates dropped in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down from last week when it averaged 6.89%. A year ago at this time, it averaged 6.99%. The 15-year...
Mortgage Rates Inches Up, Homebuyer Affordability Inches Down

Mortgage Rates Inches Up, Homebuyer Affordability Inches Down

by Phil Hall | May 29, 2025 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates inched closer to the 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.89% as of May 29, up from last week when it averaged 6.86%. A year ago at this time, it averaged...
Schumer Slams Trump’s Plan to Take Fannie Mae and Freddie Mac Public

Schumer Slams Trump’s Plan to Take Fannie Mae and Freddie Mac Public

by Phil Hall | May 28, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Senate Democratic Leader Chuck Schumer slammed President Donald Trump’s announcement that he planned to take Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) public, claiming it would only “line the pockets of the wealthy” while jacking up mortgage costs. The...
Trump Says He Will Take Fannie Mae and Freddie Mac Public

Trump Says He Will Take Fannie Mae and Freddie Mac Public

by Phil Hall | May 28, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Donald Trump announced that he planned to take Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) public, which would end the federal conservatorship of the government-sponsored enterprises that have been in place since September 2008. In a post on his...
Mortgage Rates Inch Up

Mortgage Rates Inch Up

by Phil Hall | May 22, 2025 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates were up in the new Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.86% as of May 22, up from last week when it averaged 6.81%. A year ago at this time, it averaged 6.94%. The 15-year...
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