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Mortgage Rates Soar for Fifth Consecutive Week

Mortgage Rates Soar for Fifth Consecutive Week

by Phil Hall | May 2, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continues to soar in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.22% as of May 2, up from last week when it averaged 7.17%. A year ago at this time, it averaged 6.39%. The...
Mortgage Rates Continue to Rise

Mortgage Rates Continue to Rise

by Phil Hall | Apr 25, 2024 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to soar deeper into the 7% range in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.17% as of April 25, up from last week when it averaged 7.10%. A year ago at this...
Hits and Misses for the Real Estate Week of April 15-19

Hits and Misses for the Real Estate Week of April 15-19

by Phil Hall | Apr 19, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

A trio of troubling housing market data reports, a new wave of Texas residents and an unlikely KISS tribute. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 15-19. MISS: Going Down the Wrong Road? This week witnessed...
Mortgage Rates Soar for Fifth Consecutive Week

Mortgage Rates Soar Above 7%

by Phil Hall | Apr 18, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates blew past the dreaded 7% level for the first time this year, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.10% as of April 18, up from last week when it averaged...
Mortgage Rates Drift Closer to the 7% Mark

Mortgage Rates Drift Closer to the 7% Mark

by Phil Hall | Apr 11, 2024 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage rates inched higher to the dreaded 7% level, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.88% as of April 11, up from last week when it averaged 6.82%. A year ago at this...
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