The post Commercial property not immune to interest rate pressure appeared first on Weekly Real Estate News.
Commercial property not immune to interest rate pressure
Economy
Weekly mortgage demand drops again, as interest rates match a 22-year high
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.16% from 7.09%. Mortgage demand from homebuyers was 26% lower than the same week one year ago. […]
Housing Wire
FOA agrees to sell commercial lending business to Roc Capital
Finance of America Companies (FOA) has entered into an agreement to sell the operational assets of its Finance of America Commercial vertical to Roc Capital Holdings LLC. The deal will offload an FoA subsidiary division […]
StLouis Fed
Teaching the Economics of Interest Rates | Bring FRED into the Classroom | August 2022
Focus on Nominal and Real Interest Rates This assignment provides instructions on building the graph below and includes writing prompts for out-of-class assignments. Storytelling with Data and FRED Interactive Modules Adjusting for Inflation: Learn how […]