News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Brad Berton / APARTMENT FINANCE TODAY / August 19, 2013
We all knew the ultra-low mortgage rates seen over the last couple years wouldn’t last forever. Still, the recent rise of a full percentage point over a two-month period left even the steeliest of apartment professionals reaching for their Pepto-Bismol.
From early May to early July, the benchmark 10-year Treasury yield, against which lenders quote most fixed-rate loans, shot up more than 100 basis points (bps), from about 1.6 percent to more than 2.7 percent. Meanwhile, lender spreads—the amount a lender adds to the benchmark to produce a final interest rate—have also widened graduallyRead More
The New Home Market Executive Summary is a concise but detailed look at the local new housing market. These reports include new home closings, inventory, absorption, price, price per square foot, and project activity for the current period and compared with the same quarter of the previous year.Read More