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While modular construction comprises a small niche in the U.S. ground-up residential development market – roughly 3% of new homebuilding – it’s an outsized opportunity for urban infill projects, where developers face tight labor constraints, regulatory barriers and high land costs.  Kinexx Modular Construction, which has built more than 100 housing units on urban infill […]

The average top-tier 30yr fixed mortgage rate rose 0.08% last Friday after the jobs report came in much stronger than expected. Today added another 0.02% of upward movement. Today’s level of 6.68% is the 3rd highest of the past 9 months. Unlike Friday, there were no big-ticket economic reports driving volatility in rate markets. The

American homeowners removed 2% more equity from their properties year-over-year in the first quarter, the most for the three-month period since 2021, ICE Mortgage Technology found. Processing Content It estimated $47 billion in equity was withdrawn in the quarter, down from $49 billion in the fourth quarter but up from $46 billion in the first