Institutional Real Estate News

U.S. 30-year mortgage rates fall back below 4 percent: Freddie Mac
Interest rates on U.S. 30-year mortgages dropped back below 4 percent this week in line with a drop in Treasury yields, retreating from their highest levels in two months, Freddie Mac said on Thursday.

US homes are now more valuable than ever
A home is only worth what someone is willing to pay for it, and apparently, that tab just hit its highest level in history.

This year will probably be the biggest year for homebuilders in a decade
After housing starts increased in June, experts weighed in, explaining why 2017 could be the best year for new construction in a decade.

Holding the Line
Though far from their peak highs, delinquency rates around this time of year still experience typical summer upticks. However, according to the June 2017 First Look at Mortgage Data report released by Black Knight on Thursday, current delinquency rates are bucking these patterns and are instead holding steady month-over-month.

Stocks Gain Slightly as Trump Probe Said to Widen: Markets Wrap
U.S. stocks rose Thursday after gyrating through the morning following reports that U.S. special counsel Robert Mueller is expanding his investigation of President Donald Trump to examine his financial dealings. The euro surged after European Central Bank President Mario Draghi signaled the bank would discuss language on bond purchases in the autumn.