Source: CNBC — The nation’s housing market has never been this tight, which is frustrating enough for house hunters, but now they have another problem. Mortgage rates, which have hovered around record lows since the start of the Covid pandemic, are now rising....
Source: Multi-Housing News — Multifamily investors are bracing for an uptick in mortgage rates and other forms of real estate finance as the Federal reserve bumps up interest rates in 2022. As an inflation-fighting move, the Fed plans three hikes of 25 basis...
Source: The World Property Journal — According to national property broker Redfin, average monthly listed rents in the U.S. increased 14.1% year over year to $1,877 in December 2021. This was the largest annual jump since at least February 2019–the...
Source: CNBC — Even as the housing market entered its traditionally slower season in November, home prices showed big gains from a year ago. Prices rose 18.8% year over year on the S&P CoreLogic Case-Shiller National Home Price Index. Yet that was a slower...
Source: yahoo!finance — If you’re a homebuyer hoping for a break on home sale prices amid rising mortgage rates, it’s likely not happening this year, or next. Aside from record-low inventory, a big culprit for even higher home prices points to...
Source: RealEstate — WASHINGTON (AP) — Average long-term U.S. mortgage rates continued to rise this week. The rate on the benchmark 30-year loan breached 3.5%. Home loan rates have been running in recent weeks at levels not seen since early 2020, when the...
Real Estate Investor Sentiment Sinks to New Low
