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 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 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...
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...
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...