Instant Reaction: Mortgage Rates, August 15, 2024
The 30-year fixed mortgage rate from Freddie Mac remained essentially flat at 6.49% this week compared to 6.47% last week.
The 30-year fixed mortgage rate from Freddie Mac remained essentially flat at 6.49% this week compared to 6.47% last week.
Inflation is calmer, thereby setting the Fed Reserve up to start the rate-cutting process in September.
A notable highlight of the findings in the 2024 NAR Member Profile is that new NAR members are more diverse than their experienced counterparts.
The monthly mortgage payment increased by 1.0% compared to the prior month, while the median price of single-family homes increased by 2.4%.
Knowing the mortgage rates and the qualifying incomes for down payments will help potential homeowners find the metro areas they can afford.
I can’t figure out what’s going on with the state of hiring in rental housing right now. The apartment industry, like all U.S. businesses, continues to struggle with a shortage of employees and job candidates. That part is easy to understand. The numbers in the Bureau of Labor Statistics’ JOLTS [Job Openings and Labor Turnover…
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Apartment branding should go beyond the obvious. When we say “obvious” we’re talking: logo, visual identity, and verbal identity. We talk about those things a lot. They’re essential. Developing those primary three branding components are the foundation for everything else, informing visuals and messaging. However, going farther and deeper into beyo…
In this blog post, we’ll look closer at who is buying homes, the sociodemographic factors that influence home buying, and the ages at which single female home buyers enter the market.
The 30-year fixed mortgage rate from Freddie Mac declined to 6.89% over the last week from 6.95%.