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Mortgage Rates Drop for Fourth Straight Week

Mortgage Rates Drop for Fourth Straight Week

by Phil Hall | Oct 30, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued their downward slide in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.17% as of Oct. 30, down from last week when it averaged 6.19%. A year ago at this time, it FRM...
National Vacancy and Zombie Foreclosure Rates Decline

National Vacancy and Zombie Foreclosure Rates Decline

by Phil Hall | Oct 30, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1.32% residential properties, roughly 1.4 million homes, were vacant, according to the fourth quarter 2025 Vacant Property and Zombie Foreclosure Report from ATTOM. This is down slightly from 1.33% in the previous quarter. The states with the highest...
Median Monthly Housing Payment in Biggest Decline Since Last November

Median Monthly Housing Payment in Biggest Decline Since Last November

by Phil Hall | Oct 30, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median monthly housing payment was $2,530 during the four weeks ending Oct. 26, according to data from Redfin. That represents a 1.4% year-over-year drop and the biggest decline since November 2024. Redfin attributed the lower payment level to declining mortgage...
Pending Home Sales Flat in September

Pending Home Sales Flat in September

by Phil Hall | Oct 29, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales in September were unchanged from August and were down 0.9% from one year earlier, according to the data from the National Association of Realtors. Month-over-month and year-over-year pending home sales were up in the Northeast and South but declined...
Report: Sales of Newly Built Homes at 4-Year Low

Report: Sales of Newly Built Homes at 4-Year Low

by Phil Hall | Oct 29, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Newly built homes accounted for 26.8% of single-family homes for sale nationwide in August, according to a new data report from Redfin. This is down from 28.2% one year ago and 30.6% two years prior, and it also marked the lowest level in four years. Redfin attributed...
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