March 28, 2024
Mortgage

Apartment permits are back to recession lows. Will mortgage rates follow?

From Census: Building Permits: Privately‐owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,518,000. This is 1.9 percent above the revised January rate of 1,489,000 and 2.4 percent above the February 2023 rate of 1,482,000. When people say housing leads us in and out of a recession,

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