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Purchase Activity Fuels Mortgage Application Uptick

Purchase Activity Fuels Mortgage Application Uptick

by Phil Hall | Mar 11, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was on the rise for the week ending March 6, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.2% on a seasonally adjusted basis...
Mortgage Credit Availability Improved in February

Mortgage Credit Availability Improved in February

by Phil Hall | Mar 10, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Access to mortgage credit increased in February, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI rose by 1.1% to 107.1 in February. A decline in the MCAI indicates that lending standards are...
Existing Home Sales Up by 1.7% in February

Existing Home Sales Up by 1.7% in February

by Phil Hall | Mar 10, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales increased by 1.7% month-over-month in February, to a seasonally adjusted annual rate of 4.09 million, according to data from the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.4%. Month-over-month sales...
Report: Home Relistings Surged in January

Report: Home Relistings Surged in January

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

Nearly 45,000 homes that were delisted during 2025 were relisted for sale in January, according to a new data report from Redfin. This marked the highest January figure in records dating back to 2016, as well as a record 3.6% of homes that were on the market in...
30-Year Fixed-Rate Mortgage Floats Up to 6.00%

30-Year Fixed-Rate Mortgage Floats Up to 6.00%

by Phil Hall | Mar 5, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage inched up to 6.00% as of March 5, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). Last week, it fell below the 6.00% mark for the first time since 2022, averaging 5.98%. A year ago at this time,...
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