Benchmark Mortgage Rate Inches Back Up, Odds of an Easing Nil
The average rate for a benchmark 30-year mortgage inched back up 6 basis points (0.06 percentage points) over the past week to 7.18 percent and is back to within 5…
Average 30-Year Mortgage Rate Inches Down to 7.12 Percent
The average rate for a benchmark 30-year mortgage has inched down 11 basis points (0.11 percentage points) over the past two weeks, from a 22-year high of 7.23 percent to…
Asking Rent in San Francisco Hasn’t Budged in 6 Months
While the cost of capital continues to rise, the weighted average asking rent for an apartment in San Francisco proper has now held firm at roughly $3,600 a month for…
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Index for Bay Area Home Values Inches Up, Down 9.7 Percent YOY
Having ticked up a percent in May, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay…
Benchmark Mortgage Rate Hits a 22-Year High of Only 7.23%
The average rate for a benchmark 30-year mortgage ticked up another 14 basis points (0.14 percentage points) over the past week to 7.23 percent, which is 168 basis points higher…
Benchmark Mortgage Rate Just Hit a 21-Year High of Only 7.09%
As projected, the average rate for a benchmark 30-year mortgage ticked up 13 basis points (0.13 percentage points) over the past week to 7.09 percent, which is 196 basis points…
Benchmark Mortgage Rate Poised to Hit 7 Percent
The average rate for a benchmark 30-year mortgage ticked up 6 basis points (0.06 percentage points) over the past week to 6.96 percent, which is 174 basis points higher than…
Average Asking Rent in San Francisco Just Dropped YOY
While the weighted average asking rent for an apartment in San Francisco proper has been holding firm at around $3,600 a month since mid-March, it’s now down nearly 4 percent…
Inventory Levels Still Above Average in S.F., Prices Ticking Down
Despite a 25 percent drop in new listing activity, the net number of single-family homes and condos on the market in San Francisco only ticked down 1 percent over the…
Benchmark Mortgage Rate Inches Up, Poised to Hold
The average rate for a benchmark 30-year mortgage inched up 3 basis points (0.03 percentage points) over the past week to 6.81 percent, which was 151 basis points higher than…