Charleston Real Estate News
Charleston
Mortgage Rates in U.S. Continue Upward Trend in Early March
According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.73 percent as of March 9, 2023.
Homes Still Enjoyed Price Gains in 90 Percent of U.S. in Q4
According to the National Association of Realtors latest quarterly report, approximately nine out of 10 U.S. metro markets registered home price gains in the fourth quarter of 2022 despite mortgage rates eclipsing 7 percent. Eighteen percent of the 186 tracked metro areas registered double-digit price increases over the same time period, down from 46% in the third quarter of 2022.
U.S. Mortgage Rates Ticked Down in Late January
According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.13 percent as of January 26, 2023.
Single Family Rent Growth in U.S. Dips for Seventh Consecutive Month
Based on CoreLogic's latest Single-Family Rent Index, single-family rental price increases dropped to 7.5% year over year in November 2022, with all four tracked price tiers posting lower gains than a year earlier.
Charleston Property News
$683 Billion of U.S. Commercial and Multifamily Mortgages Originated in 2021
Posted on April 18, 2022
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