Instant Reaction: Mortgage Rates, September 17, 2020
Mortgage rates have stabilized near record lows but rates could fall even further this year. The 30-year fixed-rate mortgage inched up to an average of 2.87% this week from 2.86% the prior week.
Mortgage rates have stabilized near record lows but rates could fall even further this year. The 30-year fixed-rate mortgage inched up to an average of 2.87% this week from 2.86% the prior week.
GILBERT, AZ – McShane Construction Company has begun construction on Springs at Cooley Station in Gilbert, Arizona, their 20th Springs assignment for the owner, Continental Properties. Currently underway with two additional projects for Continental in the Phoenix area, McShane is assisting Continental in responding to the surge in population growth that the Greater Phoenix Area…
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COVINGTON, KY – Madison Place, the area’s first high-rise luxury apartment community in Covington, Ky., is enhancing the resident experience with exclusive VIP access to the newest state-of-the-art concert venue, Ovation Pavilion. “Madison Place was built on this idea that our residents would experience the extraordinary, complete with city views, unparalleled entertainment and all the…
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Customers increasingly want control over managing themselves and their business relationships especially when it comes to their finances. Online payments offer owners and tenants self-service capabilities that are customers want at an increasing rate. Mobile payments alone have grown in popularity as younger generations get older and have more spending power – studies show that 33% of…
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Understanding the profile of landlords is important because any policy pertaining to renters also impacts landlords and their ability to provide rental housing supply.
FORT WORTH, TX – Greystar Real Estate Partners, a global leader in the investment, development and management of high-quality rental housing properties, announced Album Keller Ranch, a new 55+ active adult community designed to provide residents the best of 55+ carefree living at a great value. Developed in partnership with The Carlyle Group, the 180…
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At the national level, housing affordability showed signs of improvement in July 2020 compared to a year ago but dipped compared to June.
ATLANTA, GA – Preferred Apartment Communities announced that it closed on a loan investment of up to approximately $20.7 million in connection with Terwilliger Pappas’ plans to develop Solis Cumming Town Center, a 320-unit, mid-rise surface parked Class A multifamily community located in the high-growth GA-400 corridor of Forsyth County, a rapidly expanding, affluent suburb…
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One of the most important responsibilities for any property manager is to communicate with their tenants. In the long-term, communicating frequently with tenants will enable many benefits for the property manager. Keeping communication at the center of the customer service strategy helps managers to better understand and cater to their tenant’s needs while tenants will…
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Unadjusted new jobless claims totaled 857,148 in the week ending September 5, an increase of 20,140 (2.4%) from the previous week.