Benchmark Mortgage Rate Holding Under 4 Percent
The average rate for a benchmark 30-year mortgage has held relatively firm over the past three weeks, slipping a single (1) basis points in the aggregate to 3.94 percent, which…
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Housing Pipeline Holds as Construction Rises in San Francisco
With new proposals having been submitted to the City for roughly the same number of residential units that finished construction in the second quarter of the year, the overall pipeline…
San Francisco and Bay Area Employment Slip from Record Highs
Having hit a downwardly revised record of 555,000 in September, the number of people living in the city of San Francisco with a job slipped by 1,800 in October to…
Mortgage Rates Tick Up, Odds of a Rate Hike Holding at 100 Percent
The average rate for a benchmark 30-year mortgage ticked up 5 basis points over the past week to 3.95 percent, which is the highest rate in nearly four months, within…
Mortgage Rates Slip, Odds of a Rate Hike Hits 100 Percent
The average rate for a benchmark 30-year mortgage slipped 4 basis points over the past two weeks to 3.90 percent, which is 33 basis points above the 3.57 percent rate…
Luxury One-Bedroom Fetches 0.8 Percent over Late 2015 Price
Purchased for $1.25 million in December of 2015, the 941-square-foot Lumina unit #7E returned to the market priced at $1.359 million this past September, a sale at which would have…
Mortgage Rates Inch up, Odds of a Hike over 98 Percent
The average rate for a benchmark 30-year mortgage has ticked up 4 basis points over the past two weeks to 3.94 percent, which is 47 basis points above the 3.47…
SF and Oakland Rents Down, Relative Premium Up
Following the trend we first noticed forming twelve months ago, asking rents for apartments in San Francisco and Oakland have dropped over the past year. In fact, based on a…
Record Employment in San Francisco and around the Bay
The number of people living in the city of San Francisco with a job jumped by 6,700 in September to a record 555,200, pushing the unemployment rate back down to…
Mortgage Rates on the Move as Odds of a Rate Hike Hold
The average rate for a benchmark 30-year mortgage ticked up another 6 basis points over the past week to 3.91 percent which is 44 basis points above the 3.47 percent…