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Builders Continue to Have Little Confidence in the Housing Market

Builders Continue to Have Little Confidence in the Housing Market

by Phil Hall | Aug 18, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home builders continued to express minimal optimism in the market for newly built single-family homes, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which registered a 32 level in August, down one point...
New Data Reports Highlight a Wobbly Housing Market

New Data Reports Highlight a Wobbly Housing Market

by Phil Hall | Aug 18, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A pair of new data reports published today are highlighting a growing imbalance across the housing market. A report from the Rocket Companies (NYSE: RKT) division Redfin discovered a considerable slowing the pace of home sales – during July, the typical home that went...
Mortgage Applications for New Home Purchases Surged in July

Mortgage Applications for New Home Purchases Surged in July

by Phil Hall | Aug 18, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in July were up by 7% from the previous month and were also up 6.8% year-over-year, according to data from the Mortgage Bankers Association (MBA). The trade group estimated new single-family home sales were at a seasonally...
Mortgage Rates at 10-Month Low

Mortgage Rates at 10-Month Low

by Phil Hall | Aug 14, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate averaged 6.58% as of Aug. 14, 2025, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.63%; it also marked the lowest level recorded year-to-date. A year...
Q2 Mortgage Delinquency Rate Down Slightly

Q2 Mortgage Delinquency Rate Down Slightly

by Phil Hall | Aug 14, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The second quarter delinquency rate for mortgage loans on one-to-four-unit residential properties declined to a seasonally adjusted rate of 3.93% of all loans outstanding, according to data from the Mortgage Bankers Association (MBA). The delinquency rate was down 11...
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