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.
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.