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Redfin: Fewer Canadians Are Scrolling for US Properties to Buy or Rent

Redfin: Fewer Canadians Are Scrolling for US Properties to Buy or Rent

by Phil Hall | Jul 28, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fewer Canada-based Redfin.com users were scrolling across the platform for US homes to buy or rent last month, according to a new data report from the Seattle-based brokerage. In June, the level of Canadian searches for US properties was down 15.3% from one year...
Mortgage Delinquency Rate Inches Up to 3.55%

Mortgage Delinquency Rate Inches Up to 3.55%

by Phil Hall | Jul 24, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national mortgage delinquency rate rose 5 basis points (bps) to 3.55% in June, roughly half the typical seasonal rise, according to data from Intercontinental Exchange Inc. (NYSE: ICE). The rate is 60 bps below the June 2019 pre-pandemic benchmark of 4.16%. The...
New Home Sales Up 1.6% in June

New Home Sales Up 1.6% in June

by Phil Hall | Jul 24, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in June were at a seasonally adjusted annual rate of 628,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development. This marked a 1.6% rise from the May rate of...
Mortgage Rates Rise for Third Straight Week

Mortgage Rates Rise for Third Straight Week

by Phil Hall | Jul 23, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates inched up for the third straight week in the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed rate mortgage averaged 6.58% as of July 23, up from last week when it averaged 6.55%. A year ago at this time, it...
More Down Payment Assistance Programs Added During Q2

More Down Payment Assistance Programs Added During Q2

by Phil Hall | Jul 22, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 2,746 down payment assistance programs were active nationwide during the second quarter, an increase of 67 programs from the prior quarter. According to data from Down Payment Resource (DPR), grant programs that do not require repayment rose by 6% from the...
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