Benchmark Mortgage Rate Back Above 7 Percent
The average rate for a benchmark 30 year mortgage jumped 22 basis points (0.22 percentage points) over the past week to 7.10 percent, which is 71 basis points higher than…
San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
The average rate for a benchmark 30 year mortgage jumped 22 basis points (0.22 percentage points) over the past week to 7.10 percent, which is 71 basis points higher than…
While mortgage application volume for new home purchases in the U.S. ticked up a (1) percent from January to February and was nearly 16 percent higher than at the same…
Having hit a 13-year seasonal high last month, the net number of single-family homes and condos on the market has since ticked up another 13 percent with new supply having…
Following a trend that shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30 year mortgage ticked up another 6 basis points (0.06 percentage points) over…
As we projected, the number of condos and single-family homes on the market in San Francisco (i.e., inventory) ticked up another 5 percent over the past week and continues to…
With the number of homes on the market in San Francisco (i.e., inventory) still ticking up from a 13-year seasonal high and poised to jump over the next couple of…
Having dropped last month, at which point it was down 5 percent year-over-year, the weighted average asking rent for an apartment in San Francisco has since dropped another 3 percent…
With the expected value of the Fed’s rate cuts holding at a total of three (3) quarter-point rate cuts in 2024, as we first calculated a few weeks ago and…
Having hit a 13-year seasonal high last week, the number of single-family homes and condos on the market in San Francisco (i.e., inventory) has since ticked up another 3 percent,…
As we first calculated a couple weeks ago, “the expected value of the Fed’s rate cuts this year has effectively held firm forecasting a total of three (3) quarter-point rate…