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Mortgage Rates Moves Further from the 7% Mark

Mortgage Rates Moves Further from the 7% Mark

by Phil Hall | Jun 27, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to sink away from the 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.86% as of June 27, down from last week when it averaged 6.87%. A year ago at this...
Mortgage Rates Down for Third Straight Week

Mortgage Rates Down for Third Straight Week

by Phil Hall | Jun 20, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to slide in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.87% as of June 20, down from last week when it averaged 6.95%. A year ago at this time, it averaged 6.67%....
Builder Confidence Drops to 6-Month Low

Builder Confidence Drops to 6-Month Low

by Phil Hall | Jun 19, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes reached its lowest reading since December 2023, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). For June, the HMI dropped two points from...
Mortgage Rates Continue to Slip

Mortgage Rates Continue to Slip

by Phil Hall | Jun 13, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates declined again, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.95% as of June 13, down from last week when it averaged 6.99%. A year ago at this time, it averaged 6.69%....
Mortgage Rates Slide to Just Under 7%

Mortgage Rates Slide to Just Under 7%

by Phil Hall | Jun 6, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates dipped in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.99% as of June 6, down from last week when it averaged 7.03%. A year ago at this time, it averaged 6.71%. The 15-year...
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