How Biden May Impact Mortgage Rates

How Biden May Impact Mortgage Rates The 30-year mortgage rate went up o 2.79% on January 14, and experts say if Biden implements a larger stimulus bill it is likely to increase mortgage rates to around 3%… Read More Mortgage Reports https://themortgagereports.com/73353/why-are-mortgage-rates-going-up-biden-covid-vaccines

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California’s Housing Market Soars In 2020 Despite Pandemic Hurdles

California’s Housing Market Soars In 2020 Despite Pandemic Hurdles According to The California Association of Realtors’ latest report, the state’s housing market has been resilient with solid sales and a fifth record-high median price… Read More National Mortgage Professional https://nationalmortgageprofessional.com/news/76279/californias-housing-market-soars-2020-despite-pandemic-hurdles

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1/19: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY   Retail sales down 0.7 percent in December, but up 2.9 percent year-on-year Retail and food service sales fell for the third straight month in December, down 0.7% from November, but still up 2.9% year-on-year. For all of 2020, overall sales squeaked up 0.6%. https://www.census.gov/retail/marts/www/marts_current.pdf   Inflation tracker Producer Price Index rose 0.8 percent in 2020 versus 1.4 percent in 2019 The Producer Price Index for final demand increased 0.3 percent in December, seasonally adjusted. On an unadjusted basis, the final demand index moved up…

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New Affordable Housing Project Moving Forward

New Affordable Housing Project Moving Forward Indiana-based The Annex Group will be developed an affordable housing community in west Indianapolis that will open in late 2021… Read More Inside Indiana Business https://www.insideindianabusiness.com/story/43162793/new-affordable-housing-project-moving-forward

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New Affordable Housing Project Moving Forward

New Affordable Housing Project Moving Forward Indiana-based The Annex Group will be developed an affordable housing community in west Indianapolis that will open in late 2021… Read More Inside Indiana Business https://www.insideindianabusiness.com/story/43162793/new-affordable-housing-project-moving-forward

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