Property News
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Property News for 18 October 2023
The 30-year fixed mortgage rate just hit 8% for the first time since 2000 as Treasury yields soar
CNBC - 18 Oct 2023 20:08
Mortgage rates are climbing, sending applications lower, as U.S. Treasury yields soar.
Bad news for commercial real estate: Architects report a big drop in business
CNBC - 18 Oct 2023 18:09
Architecture firms reported a sharp drop in business in September, indicating that the commercial real estate market could see even more pain.
Mortgage demand falls to the lowest level since 1995 as interest rates near 8%
CNBC - 18 Oct 2023 13:40
Mortgage demand continues to fall as interest rates surge higher.
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