Instant Reaction: Mortgage Rates, January 4, 2024
Mortgage interest rates remained nearly flat as the new year began. After mortgage rates dropped incrementally for 9 weeks, they increased a hair to 6.62% from 6.61%. The weekly change in mortgage rates does not yield a meaningful change in what the typical monthly mortgage payment would be for a $4
December 2023 Commercial Real Estate Market Insights
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Instant Reaction: Mortgage Rates, December 28, 2023
Mortgage interest rates continued their decline this week and have hit the lowest level in six months since May of 2023. Mortgage interest rates are now at an average of 6.61%, easing from 6.67% last week. The typical monthly mortgage payment for a $400,000 home is now at $2,046. While NAR's Pending
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