Mortgage Rates Catch a Break

Mortgage rates have done almost nothing but move higher in the month of May. The latest bump--seen yesterday--took the average top tier 30yr fixed rate to 6.99%. While this is fairly uneventful in the bigger picture, it was a noticeable increase from the 6.81 seen at the end of April, or the slightl

Q1 2025 CRE Investment Rises 17%

Commercial real estate investment rose to $92.5B in the first quarter of 2025, driven by single-asset deals. Industrial and multifamily sectors saw strong growth.

Builder Confidence Down on Ongoing Challenges

Builder confidence fell to 34 in May, the lowest since 2022, amid rate, tariff and cost concerns. The NAHB said 34% of builders cut prices.

Understanding Mortgage Rates

Mortgage rates affect home affordability and long-term costs. Rates vary by economy, loan type and borrower credit. Lower rates can save money.