Mortgage rates fall to 3-month low

HousingWire | January 09, 2020

the average U.S. fixed rate for a 30-year mortgage averaged 3.64%. Not only is this percentage below the previous week’s average, but it’s also 81 basis points below the 4.45% of the same week last year, according to the Freddie Mac Primary Mortgage Market Survey. The decline also brought mortgage rates to lows not seen in three months. Mortgage rates fell to the lowest level in thirteen weeks, as investors sought the quality and safety of the U.S. Treasury fixed income markets,” said Sam Khater, Freddie Mac’s chief economist. “The drop in mortgage rates, combined with the strong labor market, should propel a continued rise in homebuyer demand. According to the survey, the 15-year FRM averaged 3.07% this week, falling from last week’s rate of 3.16%. This time last year, the 15-year FRM came in at 3.89%.

Spotlight

While land use regulations sometimes serve reasonable and legitimate purposes, they can also
give extranormal returns to entrenched interests at the expense of everyone else

Spotlight

While land use regulations sometimes serve reasonable and legitimate purposes, they can also
give extranormal returns to entrenched interests at the expense of everyone else

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MARKET OUTLOOK, REAL ESTATE INVESTMENT

Savills Kicks off Operations in Montreal with High-performing Industrial Team

Savills | January 20, 2023

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REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT

FCPT Announces Acquisition of a Chili’s Property from Seritage Transaction for $2.6 million

FCPT | November 24, 2022

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REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT

Keyway Announces Acquisition of Lakeside Multifamily Property in Dallas

Keyway | November 02, 2022

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