Falling Rates Spark Modest Rebound in Mortgage Applications
Mortgage application activity rebounded last week as falling rates boosted both purchase and refinance demand. The Mortgage Bankers Association’s weekly survey for the week ending August 1, 2025, showed a 3.1% increase in the seasonally adjusted Composite Index from the prior week. “Mortgage rates m
Trump plans IPO for Fannie, Freddie later this year
The Trump administration is reportedly aiming for an initial public offering (IPO) of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac later this year. According to The Wall Street Journal, which spoke to sources familiar with the situation, the Trump administration is preparin
Road flooding in Savannah: August 8, 2025
SAVANNAH, Ga. (WTOC) - As rain systems move through our area, WTOC has already received a few reports of flooded and/or dangerous roadways in Savannah this afternoon, August 8, 2025.With the newest information in bold, some roads and intersections which may be experiencing flooding include:Montgomer
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