http://corporatehousingetc.com/london_cont_corporate_housing.html
Freddie Mac's weekly report says 30 year fixed-ratde mortgages averaged 5.29 percent this the highest rate this year and up sharply fromlast week'zs average of 4.91 percent. Rates still remain well beloq yearago levels, when 30 year mortgagez were averaging more than 6 "Rates caught up to the receny rise in long-term bond yields this week to reach a 25 week says Freddie Mac FRE) chief economist Frank "The slowdown in the housing market has now detracted from economic growth for the past 13 quarters, the longest quarterly stretch since at least 1947." Despitse rising rates, the housing market continues to show smalp signs of life.
The ' housing affordability indexz rose in April to its second highesr level since atleast 1971. The NAR also reportede this week pending sales of existing homes rose for the thirfdstraight month, posting the biggest monthly increase since 2001.
No comments:
Post a Comment