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Mortgage Rates Stay Just Under 7%

Mortgage Rates Stay Just Under 7%

by Phil Hall | Jan 30, 2025 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates remained elevated in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.95% as of Jan. 30, down slightly from last week when it averaged 6.96%. A year ago at this time, it...
Mortgage Rates Drop Below 7%

Mortgage Rates Drop Below 7%

by Phil Hall | Jan 23, 2025 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates dropped below the dreaded 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.96% as of Jan. 23, down from last week when it averaged 7.04%. A year ago at this time, it...
Building America’s Future: How Trump’s Housing Agenda Can Revitalize the American Dream

Building America’s Future: How Trump’s Housing Agenda Can Revitalize the American Dream

by John G. Stevens | Jan 20, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

As the nation embarks on the next four years under President Donald Trump’s administration, the housing market stands at the threshold of significant opportunity. With the housing sector serving as an economic cornerstone and a primary driver of wealth for millions of...
Mortgage Rates Break Past 7% Level

Mortgage Rates Break Past 7% Level

by Phil Hall | Jan 16, 2025 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage broke through the 7% mark this week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 7.04% average as of Jan. 16, up from last week when it averaged 6.93%. One year ago at this time, it...
FHFA Director Sandra Thompson to Resign Ahead of Trump Inauguration

FHFA Director Sandra Thompson to Resign Ahead of Trump Inauguration

by Phil Hall | Jan 10, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Director Sandra Thompson will resign on Jan. 19, one day before President-elect Donald Trump will be sworn into office. Bloomberg first reported Thompson’s decision to step down from the FHFA leadership; the agency has not issued...
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