Manufactured housing communities—where residents often own their homes but lease the land beneath them—have traditionally been viewed as an affordable housing option. However, private equity firms and large investment companies are increasingly... Read more »
Average mortgage rates on 30-year fixed home loans continued their march towards 8% this week as the Treasury yield surpassed 5%. Rates have been steadily climbing for seven straight weeks, the longest... Read more »
As the 30-year fixed mortgage rate increased for the sixth consecutive week to 7.70%, mortgage applications slumped, hitting their lowest level since 1995. Last Monday, in an attempt to calm the markets,... Read more »