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Mortgage Rates Drop Slightly

Mortgage Rates Drop Slightly

by Phil Hall | Mar 28, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC) showed rates in a slight decline from one week earlier. The 30-year fixed-rate mortgage averaged 6.79% as of March 28, down from last week when it averaged 6.87%. A year ago at this time,...
NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing

NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing

by Phil Hall | Mar 28, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) sent a letter to the Federal Housing Finance Agency, Federal Housing Administration, Fannie Mae, and Freddie Mac requesting confirmation that homebuyers can continue to access...
Mortgage Rates Rise Again, Nearing the 7% Mark

Mortgage Rates Rise Again, Nearing the 7% Mark

by Phil Hall | Mar 21, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage averaged 6.87% as of March 21, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). Last week, the mortgage rate averaged 6.74%; one year ago at this time, it was at 6.42%. The 15-year fixed-rate...
Mortgage Rates Drop Again

Mortgage Rates Drop Again

by Phil Hall | Mar 14, 2024 | Current News & Events, Mortgage Information, 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 | Current News & 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...
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