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Mortgage Rates Tick Up Slightly

Mortgage Rates Tick Up Slightly

by Phil Hall | Jun 25, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates recorded a scant upward movement in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.49% as of June 25, up from last week when it averaged 6.47%. A year ago at this time, it...
High-Flood-Risk Counties Lost More Residents Than They Gained in 2025

High-Flood-Risk Counties Lost More Residents Than They Gained in 2025

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

Counties that have higher than normal risks of flooding lost 63,357 more residents than they gained in 2025. According to data from Redfin, that number is nearly double the net outflow from 2024 when 34,099 more people in flood-prone counties moved out than in. In...
New Home Sales Down 7.3% in May

New Home Sales Down 7.3% in May

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

Sales of new single-family houses during May were at a seasonally adjusted annual rate of 580,000, according to estimates from the US Census Bureau and the Department of Housing and Urban Development. This marked a 7.3% decline from the April rate of 626,000, and 6.8%...
Refinancing Action Sparks Uptick in Mortgage Application Activity

Refinancing Action Sparks Uptick in Mortgage Application Activity

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

Mortgage application activity benefited from a bump-up in refinance action for the week ending June 19, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1% on a...
New Study: More Americans Favor Homebuying Over Renting for the First Time Since 2023

New Study: More Americans Favor Homebuying Over Renting for the First Time Since 2023

by Phil Hall | Jun 23, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Most Americans believe it is better to buy a home than to live in rental housing, according to the latest Bank of America Homebuyer Insights Report. This marks the first time in three years that report respondents favored homeownership over renting. Sparks Research...
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