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May 18th - Rates on the Move!
- 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.
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By plaraway12- 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.