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Multifamily demand started to deteriorate in November as national rent growth tumbled from its record highs in 2021, data from the Yardi Matrix National Multifamily Report has revealed. US asking rents slid to $1,719 last month, a $9…
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Today’s mortgage and refinance rates Average mortgage rates just inched higher yesterday. That was a wonderful surprise because I’d feared a much sharper increase. Mortgage rates today were barely moving by approaching 10 a.m. (ET). But…
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But, on balance, the Fed has been able to make up for lost ground: “With the benefit of hindsight, they probably waited too late but since they realized the need – that inflation was a bit more problematic than they thought – they’ve taken…
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