• 30-year fixed rates opened the week around 6.68%, a nine-month high, and remained volatile amid geopolitical headlines.
• MBA data showed mortgage applications fell 2.3% and purchase apps dropped 4% as rates pushed into the mid‑6% range.
• ARM share climbed to 9.6%, the highest since Oct. 2025, as buyers sought lower initial payments.
• A national trend is emerging of parents helping adult children buy homes as affordability stays tight.
• Huntersville approved the $200M Knox Crossing mixed‑use project with 413 apartments/townhomes and a grocery anchor.
• Charlotte rezoned the former Regal Manor Twin site for up to 130 residential units, and Lincoln County approved a $90M Lake Norman-area apartment project.

• Mortgage rates climbed again, with 30-year conforming around 6.77% and jumbo near 6.89% amid higher Treasury yields.
• HELOC demand is rising as homeowners seek cash without refinancing, while pending sales show only modest improvement.
• The House passed a bipartisan housing bill targeting large investor purchases while encouraging new construction; Senate action is next.
• Greystar acquired a site near Charlotte Douglas Airport for the 276-unit Remi West apartment project.
• Huntersville approved the $200M Knox Crossing mixed-use development with 413 units and major retail.
• Lincoln County greenlit a $90M Lake Norman-area mixed-use plan with 324 apartments and new commercial space.

• HousingWire says the 10‑year Treasury yield is pushing 30‑year fixed rates up around 6.7%.
• CNBC reports escrow shortages are projected for about two‑thirds of accounts, averaging roughly $2,100, driven by taxes and insurance.
• The Fed’s 12 voting officials meet this week, keeping rate expectations tied to upcoming inflation and growth data.
• I‑77 South toll‑lane plans face continued pushback and a City Council request for more review.
• East Charlotte is considering a 150‑day moratorium on a proposed 58‑acre data center amid resource concerns.
• A Hendrick Motorsports entity signed a four‑year lease for warehouse space in Concord.

Highlights this week:

• 30-year fixed rates pushed to six-week highs around the mid‑6% range as inflation data ran hotter
• MBA data showed mortgage applications up 1.7% with purchase activity rising 4%
• Existing-home sales were flat in April, underscoring a slower spring market
• Inventory continues to edge higher while listing prices run below last year’s levels
• Charlotte approved $26.4M for affordable housing projects targeting 816 homes
• City leaders are debating a temporary pause on new data center construction to address utility impacts

• - 30-year fixed mortgage rates moved higher again today, keeping affordability pressure front and center.
• - Zillow’s April data shows listings outpacing sales, giving buyers more inventory and longer days on market.
• - A major Senate housing bill targets supply and affordability, but still needs a House vote.
• - Flournoy broke ground on the 318-unit Declan Huntersville apartments near the planned Lynx Red Line.
• - Davidson Homes is launching four Charlotte-area communities with single-family and townhome plans in the $400s.

• Mortgage outlook keeps 30-year fixed rates in the 6.3%–6.5% range for the next 90 days.
• Nationally, March showed ~600K more sellers than buyers as demand fell about 10% year over year.
• Congress is advancing a bipartisan housing bill focused on boosting supply and curbing large institutional investor purchases.
• Huntersville approved a 12-acre Lake Norman mixed-use project with 250+ homes and 11,500 sq. ft. of commercial space.
• Station South, a Red Line–oriented project, plans 278 apartments, 70 townhomes, retail, and public green space.

Highlights this week:

• 30‑year fixed hovered near 6.3% early week, jumped to ~6.5%, then calmed as geopolitical headlines eased.
• Realtor.com’s spring ranking shows inventory up and value shifting toward Midwest and mid‑Atlantic markets.
• Florida’s Infill Redevelopment Act would allow housing on idle golf courses, signaling stronger state zoning preemption.
• Atlanta developer bought 39 acres in east Charlotte for a new townhome community.
• Fallon Co. secured $100.5M for the 329‑unit Twelve03 mixed‑income project near South End/Uptown.
• Charlotte’s apartment pipeline is growing across Uptown, Midtown, Dilworth, and SouthPark, adding hundreds of units.

- Mortgage rates inched up: 30-year fixed at 6.38%, 15-year at 5.74%.

- New U.S. listings rose 8.7% in April; median listing prices fell for a sixth straight month.

- Charlotte budget proposal includes a 1.89-cent property tax increase plus utility fee hikes starting July 1.

- City leaders are seeking a record $125M affordable housing bond to fund new units and anti-displacement work.

- Mecklenburg County plans 100–300 units at the former Smith School site, with 20% reserved for teachers.

- Stono Group bought a Matthews industrial portfolio for $6.8M and says more Charlotte deals are coming.

• 30-year fixed mortgage rates sit near 6.31% with modest upticks, while applications slipped 1.6% week over week.
• Consumer sentiment hit a record low of 47.6, reinforcing affordability pressure and recession caution for buyers.
• Wedgewood entered federal lobbying as Congress debates limits on large investor purchases of single-family homes.
• Jackson-Shaw is planning an 885,000-square-foot industrial complex in Mooresville along I-77, targeting a 2026 groundbreaking.
• Middleburg acquired 14.3 acres near Northlake Mall to build roughly 312 new apartment and townhome units by 2027.

• 30-year fixed mortgage rates climbed to a two-week high, hovering in the mid‑6% range.
• MBA data showed total applications down 1.6%, but purchase demand rose 1% and is 21% above last year.
• HousingWire says the national market feels like 2017 as inventory and new listings climb and absorption stays healthy.
• North Carolina’s HB 1056 proposes an investor cap, by-right zoning in commercial areas, and $120M for housing programs.
• Riverside and Singerman outlined a $200M redevelopment at 301 South Tryon with 275 apartments and a 200-room hotel.
• Google’s Rowan County supply‑chain hub and Keith Corp.’s 1.7M‑sf industrial project signal continued regional growth