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Report: Refinance Retention at 3.5-Year High

Report: Refinance Retention at 3.5-Year High

by Phil Hall | Dec 8, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Refinance retention reached a 3.5-year high (28%) during the third quarter with servicers retaining more than half of borrowers refinancing out of 2024 vintage loans, according to the newly published December 2025 ICE Mortgage Monitor Report. Rate-and-term retention...
Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year

Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year

by Phil Hall | Dec 5, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investors purchased 17% of homes sold during the third quarter, up by a scant 1% from a 16% share recorded one year earlier. According to data from Redfin, the total investor home purchases came to roughly 52,000 transactions. Investors bought 1% more...
Starter Home Sales Up Nearly 5%

Starter Home Sales Up Nearly 5%

by Phil Hall | Dec 4, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Starter home sales during October were up by 4.9% from one year according to a new data report from Redfin. In comparison, home sales for mid-priced (+0.7%) and high-priced (+0.8%) residences were also up from one year earlier. Among pending home sales, the starter...
Mortgage Rates Drop for Second Straight Week

Mortgage Rates Drop for Second Straight Week

by Phil Hall | Dec 4, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.19% as of Dec. 4, down from last week when it averaged 6.23%. A year ago at this time, it...
15% of Home Purchase Agreements Canceled During October

15% of Home Purchase Agreements Canceled During October

by Phil Hall | Dec 3, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly 53,000 home purchase agreements were canceled in October, equal to 15.1% of homes that went under contract that month. According to a new data report from Redfin, the share of canceled deals was up from the 14.3% level in October 2024. The report is based on...
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