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Foreign Purchases of American Homes Up 33%

Foreign Purchases of American Homes Up 33%

by Phil Hall | Jul 14, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

American real estate is still considered to be a great investment by foreign buyers – according to the National Association of Realtors (NAR) 2025 International Transactions in US Residential Real Estate report, overseas buyers acquired $56 billion worth of existing...
Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments

Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments

by Phil Hall | Jul 14, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Bank of Mom and Dad is helping to keep the housing market afloat – a new survey from Redfin determined nearly one-quarter (23.8%) of young Americans who recently bought a home tapped into family money to help cover their down payment. The typical homebuyer’s down...
Report: Large Banks Originating More ARMs

Report: Large Banks Originating More ARMs

by Phil Hall | Jul 10, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Adjustable-rate mortgages (ARMs) have gained in popularity among borrowers seeking home loans from large banks, according to a new data report from the Federal Reserve Bank of Philadelphia. Conventional ARMs accounted for 25.1% of large bank first mortgage...
Mortgage Rates Record New Uptick

Mortgage Rates Record New Uptick

by Phil Hall | Jul 10, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

After five weeks in decline, mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.72% as of July 10, up from last week when it averaged 6.67%. A year ago at this...
A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans

A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans

by Phil Hall | Jul 9, 2025 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Federal Housing Finance Agency (FHFA) Director Bill Pulte took a break yesterday from his endless and emetic harassment of Federal Reserve Chairman Jerome Powell to make an announcement framed in the manner one associates with news of life-saving...
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