Michigan housing advocates are pointing to Austin, Texas, as they try to build support for Gov. Gretchen Whitmer’s “grand bargain” housing affordability agenda in the state Legislature. Advocates say a multi-year set of zoning, permitting and code reforms in Austin helped drive a surge in homebuilding – and that the resulting increase in supply coincided […]
Austin housing reforms could influence Michigan legislation Read More »
After hitting 5.99% as recently as February 27th, top tier 30yr fixed mortgage rates are back over 6.5% for the average lender today–the highest they’ve been since September 3rd, 2025. The entire month of March has been painful for many corners of the financial market and mortgage rates are not immune. The Iran war is
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Mortgage rates hit 7-month highs last Friday, but recovered fairly nicely on the first two days of the present week. The past 2 days have been a bit rough, unfortunately. Over that time, the average top-tier 30yr fixed rate rose 0.14% to 6.43%–just a bit higher than last Friday’s 6.41%. Whereas mortgage rate volatility on
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