- 30-year fixed mortgage rate climbed to about 6.43%, highest since fall, pressuring purchase and refi demand.

- Fannie Mae still expects rates to drift below 6% later in 2026, but sees fewer single-family starts this year.

- Portland is funding a $400K review of tenant-protection rules to assess impacts on rental supply and affordability.

- Lake Norman developer proposes Cornelius hotel, spa, and 10 rental cottages near Sam Furr Road; community meeting April 7.

- East Charlotte affordable housing rezoning approved: 125 senior units plus 11 townhomes, with residents citing infrastructure gaps.

Today’s Highlights 

• - 30-year fixed mortgage rates climbed to ~6.47%, with 15-year around 5.67% and jumbos near 6.82%.
• - Economists say the housing market still hasn’t felt “normal” since 2018, with regional splits between Sunbelt supply and other metros.
• - Policy debate continues as federal affordability efforts face headwinds from regulatory rollbacks and higher building costs.
• - A SouthPark Morrocroft Estates home sold for $5.65M, leading Mecklenburg County’s most expensive February sales.
• - The Hornets’ $150M Novant Health Performance Center is moving forward as a catalyst for a Spectrum Center entertainment district.

- 30-year mortgage rate climbed to 6.22%, the highest in over three months; 15-year fixed near 5.54%.

- Rising energy prices and Iran conflict are lifting Treasury yields, keeping mortgage costs elevated.

- Mortgage applications fell about 11% last week as buyers and refinancers pull back.

- Policy spotlight: universities could unlock housing supply if approvals and incentives improve.

- Charlotte’s Parkwood Avenue Streetscape redesign adds buffered bike lanes, wider sidewalks, and safer crossings.

- Red Line rail design funding advances, while M/I Homes plans nearly 300 new homes across the region in 2026.

- 30-year fixed rates climbed back to about 6.29%, reintroducing spring affordability pressure.

- Pending home sales rose 1.8% in February, but momentum could soften as oil prices push rates higher.

- Fifteen states plus D.C. sued HUD over guidance that could cut fair-housing funds for states with stronger protections.

- Alliance Residential bought a 20.4-acre Huntersville site for a 358-unit apartment community.

- Camp North End sold to Jamestown LP; tenants want transparency and stability as expansion plans continue.

• - Mortgage rates jumped to 6.11% this week after bond yields rose on Iran conflict concerns.
• - February existing‑home sales rose 1.7% to a 4.09M pace, but prices hit a record $398K for February.
• - Senate passed the 21st Century ROAD to Housing Act, aiming to boost supply and limit large investor purchases.
• - Terwilliger Pappas seeks up to 360 apartments at Carmel Crossing, replacing prior retail/medical plans.
• - M/I Homes plans about 284 new residences across Concord and Hickory, with sales later this year.
• - Duke Energy wants two historic boats removed from Lake Norman, highlighting ongoing lakefront changes.

• - Mortgage rates jumped to 6.11% this week after bond yields rose on Iran conflict concerns.
• - February existing‑home sales rose 1.7% to a 4.09M pace, but prices hit a record $398K for February.
• - Senate passed the 21st Century ROAD to Housing Act, aiming to boost supply and limit large investor purchases.
• - Terwilliger Pappas seeks up to 360 apartments at Carmel Crossing, replacing prior retail/medical plans.
• - M/I Homes plans about 284 new residences across Concord and Hickory, with sales later this year.
• - Duke Energy wants two historic boats removed from Lake Norman, highlighting ongoing lakefront changes.

- 30-year fixed mortgage rates ticked up to about 6.08%, keeping affordability tight for spring buyers.

- February existing-home sales rose 1.7% to a 4.09M annual pace, while median price inched up 0.3% to ~$398K.

- Geopolitical uncertainty tied to the Iran conflict is adding volatility to mortgage rates.

- Mooresville will reconsider a trimmed 99-home Lake Norman rental community, with traffic mitigation conditions attached.

- Monroe’s 338-unit Skyview at Aria apartments secured a $53.5M construction loan, targeting an Oct 2027 opening.

- 30-year mortgage rates dipped to about 6.20%, and applications jumped ~11% as refis picked up.

- Inventory is rising but still below pre‑pandemic levels; homes are taking longer to sell, leading to more price cuts.

- National affordability pressure is now a political issue, with payments in once‑affordable metros still far above 2019.

- Duke Energy rate increases are tightening local budgets, with NC electricity rates up 23% in five years and more hikes projected.

- Dilworth mixed‑use project advances with 422 units plus a boutique hotel, signaling continued infill demand.

- Huntersville board backs a Lake Norman mixed‑use plan with up to 486 homes and grocery‑anchored retail, pending final approval.

• - Freddie Mac’s average 30-year fixed mortgage rate climbed back to 6% after geopolitical tensions lifted Treasury yields.
• - Redfin reported nearly 45,000 relisted homes in January, the highest January count in a decade, with many sellers cutting prices.
• - NAR says “coming soon” listing rules are set by local MLSs, so local policy determines early listing exposure.
• - Dilworth’s South Boulevard corridor is slated for a mixed-use project with 422 apartments and a 153-room hotel.
• - Charlotte developers are pushing “missing middle” housing—townhomes, duplexes, and ADUs—to add density and affordability.
• - MRP Industrial opened a Charlotte office to lead Southeast expansion with large-scale industrial projects.

- 30-year fixed mortgage rates are around 5.98% today; 15-year near 5.28%.

- Homeowners are staying put about 12 years on average, keeping resale inventory tight.

- Geopolitical volatility pushed rates higher after the Middle East strike rattled markets.

- RangeWater plans 300+ apartments in NoDa, adding to the Blue Line corridor pipeline.

- A Northeast firm took over two motel‑conversion properties, signaling ongoing value‑add multifamily activity.