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30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022

30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022

by Phil Hall | Feb 26, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage averaged 5.98% in today’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.01%. A year ago at this time, it averaged 6.76%. “For the first time in three and a half...
Mortgage Application Activity Remains Flat

Mortgage Application Activity Remains Flat

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

Mortgage application activity was mostly flat for the week ending Feb. 20, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by only 0.4% on a seasonally adjusted...
DDB Capital to Create 52-Acre Residential Community in Alabama

DDB Capital to Create 52-Acre Residential Community in Alabama

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

DDB Capital Fund LLC (“DDB Capital”), an Alpharetta, Georgia-headquartered real estate investment fund, announced that the City of Cullman has approved a rezoning for the creation of a 52-acre residential community. The new community, which will be named...
New Reports Find 2025 Ended with Slowing Home Price Acceleration

New Reports Find 2025 Ended with Slowing Home Price Acceleration

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

Two new data reports have shown home price acceleration continued to slow during the final stretch of 2025. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 1.3% annual gain in December, in line with the previous month. The 10-City...
Senate Democrats Offer Bill to Discourage Institutional Investors from Buying Single-Family Homes

Senate Democrats Offer Bill to Discourage Institutional Investors from Buying Single-Family Homes

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

Ahead of tonight’s State of the Union address by President Trump, Senate Democrats put forth a proposal that rivals Trump’s call to restrict institutional investors and corporations from buying up single-family homes. Last month, Trump signed an executive order...
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