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Mortgage Rates Drop Again

Mortgage Rates Drop Again

by Phil Hall | Mar 14, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC) found rates in decline. The 30-year fixed-rate mortgage averaged 6.74% as of March 14, down from last week when it averaged 6.88%. A year ago at this time, it averaged 6.60%. The 15-year...
Freddie Mac’s Multifamily Apartment Investment Market Index Increased in 2023

Freddie Mac’s Multifamily Apartment Investment Market Index Increased in 2023

by Phil Hall | Mar 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) announced that its Multifamily Apartment Investment Market Index (AIMI) decreased in the fourth quarter of 2023 but increased over the full year. AIMI fell nationally and in all 25 regional markets measured for the fourth quarter of 2023, as...
Mortgage Rates Dip, But Still Close to 7%

Mortgage Rates Dip, But Still Close to 7%

by Phil Hall | Mar 7, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates were slightly down in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.88% as of March 7, down from last week when it averaged 6.94%. A year ago at this time, it averaged 6.73%....
Mortgage Rates Up for Fourth Straight Week

Mortgage Rates Up for Fourth Straight Week

by Phil Hall | Feb 29, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates climbed for the fourth consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.94% as of Feb. 29, up from last week when it averaged 6.90%. A year ago at this...
Mortgage Rates Creep Up to the 7% Level

Mortgage Rates Creep Up to the 7% Level

by Phil Hall | Feb 22, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates shot up to the border of the dreaded 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.90% as of Feb. 22, up from last week when it averaged 6.77%. A year ago at this...
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