top of page
Search
  • Metro East REIA

The Mortgage Rate Surge

We’ve had several posts about interest rates over the past few years. Today’s graphic from the Visual Capitalist reminds us that the 30-year fixed-rate mortgage has reached its highest level since 2002. They say that with rising home prices and tight inventory, affordability is now at its lowest point in history. Continue reading HERE...

1 view0 comments

Recent Posts

See All

Foreclosure Starts Increase Slightly

According to the ATTOM Data’s Q1 2024 Foreclosure Report, there were 95,349 with a foreclosure filing during the first quarter of 2024, up 3% from the previous quarter but down less than 1 percent fro

Housing Starts & Permits Drop in April ’24

The U.S. government is reporting that privately‐owned housing starts in March, 2024 were at a seasonally adjusted annual rate of 1,321,000, which is 14.7% lower than February’s revised number and is 4

bottom of page