Boston's # 1 Real Estate Investors Association and Community

Mortgage Applications Take a Plunge with Surging Interest Rates

Mortgage Applications Take a Plunge with Surging Interest Rates CNBC’s Diana Olick says rising mortgage interest rates are impacting mortgage applications, particularly refinancing demand.  She reports that mortgage applications are down 12% annually and that 2022 home sales forecasts are being revised downward. Click here to read the full report at CNBC.   The post

Read More….

Rentable Says September Rents are Surging

Rentable Says September Rents are Surging Rentable says that the median nationwide rent price for one-bedroom units in September was $ 1,219 (up 2.4%) with two-bedroom units coming in at $ 1,479 (up 2.09%).  Year-to-date, Rentable says one-bedrooms are now up 8.27% and two-bedrooms have gained 6.87%.  Be sure to check out their full data

Read More….

Pin It on Pinterest