Benchmark Mortgage Rate Poised to Slip Below Average
Having hit a 23-year high of 7.79 percent last week, the average rate for a benchmark 30-year mortgage has since inched down 3 basis points (0.03 percentage points) to 7.76…
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Having hit a 23-year high of 7.79 percent last week, the average rate for a benchmark 30-year mortgage has since inched down 3 basis points (0.03 percentage points) to 7.76…
Already down over 50 percent over the past two years to a 28-year low, the number of applications to secure a purchase mortgage loan for an existing home in the…
Having inched up an upwardly revised 0.2 percent in July, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San Francisco,” which includes…
As projected, the net number of single-family homes and condos on the market in San Francisco appears to have hit its annual peak, with 6 percent fewer homes on the…
Having dropped 8 percent in August, the seasonally adjusted pace of new single-family home sales in the U.S. jumped 12.3 percent in September to an annual rate of 759,000 sales,…
The office vacancy rate in the East Bay, not including Walnut Creek or further east nor life science/lab space, inched up 50 basis points in the third quarter of this…
With purchase mortgage loan application volume for existing homes on the decline, application volume for new home loan purchases in the U.S. dropped 12 percent from August to September and…
The effective office vacancy rate in San Francisco hit 30 percent at the end of last month, representing nearly 26 million square feet of vacant office space now spread across…
Having inched up 1 percent the week prior, the number of applications to secure a purchase mortgage loan for an existing home in the U.S., which is a leading indicator,…
Having jumped 18 basis points (0.18 percentage points) last week to 7.49 percent, the average rate for a benchmark 30-year mortgage has since ticked up another 8 basis points to…