Cheap Money Fuels the COVID-19 Housing Recovery
According to Freddie Mac’s latest Primary Mortgage Market Survey for Mid-July 2020, the 30-year fixed-rate mortgage in the U.S. averaged 2.98 percent, the lowest rate in the […]
Month: July 2020
CRE: More Vacancies and Sublease Space and Greater Mortgage Delinquencies
The stubborn persistence of COVID-19 and the resultant Work From Home (WFH) practices are causing a growing number of companies to reduce their real estate […]
A Record Number of Americans are Considering Relocating, Says Redfin
A record 27 percent of home searchers are looking to move to another metro area in April and May 2020, according to a new report from Redfin, a […]
Mortgage Rates Hit Another All-Time Low
Long-term U.S. mortgage rates fell this week with the benchmark 30-year home loan hitting its lowest level ever. Mortgage buyer Freddie Mac reported Thursday that […]
Manhattan Apartment Sales Drop to the Lowest Level in 30 Years
Manhattan apartment sales fell by 54% in Q2, the largest percentage decline in 30 years as the real estate lockdown and urban flight due to […]