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Mortgage Rates Take a Small Dip

Mortgage Rates Take a Small Dip

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

Mortgage rates were down slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.46% as of Aug. 22, down from last week when it averaged 6.49%. A year ago at this time, it averaged 7.23%....
Fannie Mae: Home Sales to Stay Weak Deep Into 2025

Fannie Mae: Home Sales to Stay Weak Deep Into 2025

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

Total home sales are expected to come in lower than previously expected through the rest of this year and will not pick up meaningfully until further into in 2025, according to a new forecast from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research Group. The...
Mortgage Rates Record Slight Uptick

Mortgage Rates Record Slight Uptick

by Phil Hall | Aug 15, 2024 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage rates recorded a slight uptick in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.49% as of Aug. 15, up from last week when it averaged 6.49%. A year ago at this time, it averaged...
Mortgage Rates Plunge to Lowest Level in Over a Year

Mortgage Rates Plunge to Lowest Level in Over a Year

by Phil Hall | Aug 8, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates dropped to their lowest rate in over a year, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.47% as of Aug. 8, down from last week when it averaged 6.73%. A year ago at...
Mortgage Rates Drop to 6-Month Low

Mortgage Rates Drop to 6-Month Low

by Phil Hall | Aug 1, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates dipped to a six-month low in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.73% as of Aug. 1, down from last week when it averaged 6.78%. A year ago at this time, it averaged...
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