9/16: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Purchase loan apps rise 8 percent from previous week, but down 12 percent year-on-year The Market Composite Index for mortgage applications increased 0.3 percent on a seasonally adjusted basis from one week earlier, with purchase loans rising 8 percent (but down 12 percent year-on-year) and refinance activity falling 3 percent (and also down 3 percent year-on-year). The average contract interest rate for 30-year remained unchanged at 3.03 percent. https://www.mba.org/2021-press-releases/september/mortgage-applications-increase-in-latest-mba-weekly-survey   Consumer Price Index up 0.3 percent in August and 5.3 percent year-on-year The Consumer…

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Covid Inspired Lasting Home Design Trends

Covid Inspired Lasting Home Design Trends The pandemic has led to lasting home design trends. Read More Greenville News https://www.greenvilleonline.com/story/talk-greenville/2021/09/13/covid-leads-inspiration-and-new-trends-home-design/8315508002/

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Florida Guarantees $13 to Four New Affordable Housing Projects.

Florida Guarantees $13 to Four New Affordable Housing Projects. Orange County, Fla. gave developers proposing four multi-family affordable housing complexes more than $13 million. Read More Orlando Sentinel https://www.orlandosentinel.com/news/orange-county/os-ne-orange-affordable-housing-20210914-kferjw2fkrf6jhmq5hyl2eepiq-story.html

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