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Mortgage Rates Inch Up for Third Straight Week

Mortgage Rates Inch Up for Third Straight Week

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

Mortgage rates continued to rise for the third straight week, albeit with incremental upticks, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.11% as of Feb. 5, up slightly from...
America’s Housing Shortage Isn’t Just Large — It’s Uncertain, And That May Be the Bigger Risk

America’s Housing Shortage Isn’t Just Large — It’s Uncertain, And That May Be the Bigger Risk

by John G. Stevens | Feb 5, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A recent report in the Washington Post highlighted a striking reality: economists, researchers, and policymakers cannot agree on the true size of the U.S. housing shortage. Estimates range from roughly two million homes to as many as twenty million. (Source:...
NAR: Q4 2025 Home Prices Up in 73% of Metro Areas

NAR: Q4 2025 Home Prices Up in 73% of Metro Areas

by Phil Hall | Feb 4, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices rose in nearly three-quarters (73%) of metro markets (168 out of 230) during the fourth quarter of 2025, according to data from the National Association of Realtors (NAR). This is down from 77% in the third quarter. The national median single-family...
Home Values Decline for Sixth Consecutive Month

Home Values Decline for Sixth Consecutive Month

by Phil Hall | Feb 4, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical US home value during January was $358,968, according to data from Zillow (NASDAQ: Z, ZG). This marked a 0.4% drop from December, as well as a 0.2% uptick from January 2024. January marked the sixth consecutive month that home values were down on...
Decline in Mortgage Applications Blamed on Snowstorms

Decline in Mortgage Applications Blamed on Snowstorms

by Phil Hall | Feb 4, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The recent snowstorms that disrupted the nation are being blamed for hampering mortgage application activity during the week ending Jan. 30. “Winter Storm Fern likely had an impact as much of the country was snowed in, hampering homebuying activity,” said Joel Kan,...
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