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Freddie Mac's Primary Mortgage Market Survey reported that the 30-year fixed-rate mortgage averaged 2.98% for the week ending July 1, 2021.
Following ten weeks of sub-3% averages, Freddie Mac's Primary Mortgage Market Survey reported that the 30-year fixed-rate mortgage averaged 3.02%.
Mortgage rates are down once again in hopes to help quell concerns over inflation and the increase in home prices.
Growing NOIs and low interest rates bolster the investment environment for multifamily properties.
Freddie Mac Multifamily extended the deadline for requesting a new COVID-19 forbearance agreement for its Multifamily loans to September 30, 2021.
Nearly two-thirds of millennials have new homebuyer regrets, survey finds