Housing Wire

JANUARY 18, 2024

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. The 30-year fixed-rate mortgage averaged 6.6% 12 compared to a week earlier.

Fixed-rate mortgage 527

Fixed-rate mortgage Mortgages New Construction Construction 527

Realtor.com

NOVEMBER 7, 2022

Builder incentives are promotions offered by developers that, much like a coupon, cut the cost of purchasing property in that community. Homebuilders may offer incentives at any stage of the project’s development. Many happen at the initial launch to help generate buzz for a new community and get the first few residents on board.

New Construction 76

New Construction Construction Finance Closing costs 76

Marco Santarelli

NOVEMBER 1, 2023

With a series of interest rate hikes in the early part of this year, questions arise: Is a housing market crash and a recession on the horizon? This “higher for longer” interest rate environment is expected to not only affect demand but also constrain supply. Experts suggest that it's more than just a possibility.

Marketing 52

Marketing Fixed-rate mortgage Construction Residential 52

Housing Wire

DECEMBER 20, 2022

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. This interview has been edited for length and clarity.

Construction 381

Construction New Construction Fixed-rate mortgage Finance 381

RIS Media

FEBRUARY 17, 2022

The latest January data on new residential construction points to a mostly stable housing market that, in some instances is trending downward, according to the monthly report from the U.S. Census Bureau and Department of Housing and Urban Development (HUD). This marks a 0.7% increase versus December 2021 and is a 0.8%

Residential 98

Residential Construction Fixed-rate mortgage New Construction 98

Realtor.com

MARCH 22, 2021

What resulted was the lowest interest rates we’ve ever seen. By July, the 30-year fixed-rate mortgage—the most common for new homebuyers—had fallen below 3% for the first time since the 1970s. With interest rates so low, savvy buyers moved quickly to lock them in. Department of Housing and Urban Development.

Marketing 145

Marketing Fixed-rate mortgage Construction Mortgages 145

Realty Biz

SEPTEMBER 4, 2021

And importantly, it did so through government-backed, low-interest, fixed-rate mortgages with zero or low-down payments with up to 30-year terms. Moving forward, came the pandemic that brought new construction almost to a standstill. In effect, the G.I. The American suburb was born.

Fixed-rate mortgage 78

Fixed-rate mortgage Construction New Construction Commercial 78