by | Mar 20, 2024 | Economy, Industry News, Latest News, National, News |
Fannie Mae’s most recent economic projections, up to March 2024, suggest that mortgage rates will remain elevated for a while longer. Per Fannie Mae’s Economic and Strategic Research (ESR) Group, the 30-year mortgage rate is now projected to sit at 6.4% by the end of...
by | Mar 19, 2024 | Agents, Brokers, Industry News, Latest News, National, News |
New-home construction bounced back sharply in February due in part to slightly more favorable mortgage rates and a dearth of existing houses for sale. Housing starts rose 10.7% in February to an annual rate of 1.52 million, beating estimates of a 1.5 million increase,...
by | Mar 18, 2024 | Industry News, Latest News, National, News, Premier |
Homebuilder sentiment continues to warm, thawing as spring nears. Positive signs in the mortgage market coupled with a continued rate pause from the Fed and the possibility of an upcoming rate cut have led to the fourth consecutive month of sentiment increases,...
by | Mar 15, 2024 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in March. The dip, however, is not any cause for concern, according to experts. Consumer sentiment decreased 0.5% in March, following a 0.8% increase in...
by | Mar 14, 2024 | Industry News, Latest News, National, News, Premier |
The multifamily rental market recently stabilized as housing market challenges persist, seeing its first price rise in seven months. Yardi’s latest National Multifamily Report for February found that multifamily rents rose slightly by $1 to $1,713, while...