Instant Reaction: Mortgage Rates, May 2, 2024
At 7.22%, the 30-year mortgage interest rate has hit its highest point since November 2023. Mortgage interest rates are unlikely to move down soon, especially in light of yesterday’s Federal Reserve announcement—the Fed funds rate is unaltered for the 6th meeting. The Fed is holding the line until i
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REALTORS® Continue Giving Back, Despite Market Headwinds
Despite facing market challenges like historically low inventory, heightened mortgage rates, and the lowest annual sales since 1995 (in 2023), REALTORS® remained committed to giving back to the communities they serve. The 2024 Community Aid and Real Estate Report (CARE Report) tells us that a stagge
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April 2024 Commercial Real Estate Market Insights
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