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Mortgage Rates Creep Up Slightly

Mortgage Rates Creep Up Slightly

by Phil Hall | Jul 9, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates registered a mild 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 July 9, up from last week when it averaged 6.43%. A year ago at this time, it averaged...
Existing Home Sales Down 2.4% in June

Existing Home Sales Down 2.4% in June

by Phil Hall | Jul 9, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales during June reached a seasonally adjusted annual rate of 4.09 million, which was down by 2.4% month-over-month and up by 2.8% year-over-year, according to data from the National Association of Realtors (NAR). A total of 1.56 million units were...
The Best and Worst Places to Rent Are…

The Best and Worst Places to Rent Are…

by Phil Hall | Jul 9, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number crunchers at WalletHub are back with another housing-focused data report, this time highlighting 2026’s Best & Worst Places to Rent. For this report, WalletHub’s analysts compared 182 cities based on 21 key indicators focused on local rental housing...
The $120,000 Wake-Up Call: What Harvard’s New Housing Report Means for Your Business This Week

The $120,000 Wake-Up Call: What Harvard’s New Housing Report Means for Your Business This Week

by John G. Stevens | Jul 8, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Harvard just put a number on what buyers have been feeling for years. $120,000. That’s the household income now required to afford the monthly payment on a median-priced home in America, according to the Harvard Joint Center for Housing Studies’ State of...
Mortgage Application Activity Slows Down Again

Mortgage Application Activity Slows Down Again

by Phil Hall | Jul 8, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was mostly lethargic for the week ending July 3, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.2% on a seasonally adjusted...
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