AGP Executive Report
Last update: 4 hours agoMortgage Costs: The average 30-year fixed rate edged up to 7.45% on Oct. 15, keeping borrowing costs high as pending home sales hover near a 12-year low. September inflation rose to 3.7%, adding pressure to housing affordability. Market Split: Sellers outnumber buyers nationally by 63%, but Milwaukee is a rare exception, with 16% fewer sellers than buyers. Affordable Housing: A 216-unit affordable apartment complex has opened in Rock Hill, South Carolina, as York County reports a sharp increase in permits for multifamily housing and townhomes.
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