The WPJ

Washington D.C.

U.S. Mortgage Credit Availability Increased in October

According to the Mortgage Credit Availability Index (MCAI) report by the Mortgage Bankers Association, which analyzes data from ICE Mortgage Technology, U.S. mortgage credit availability increased in October 2024.

U.S. Mortgage Rates Remain Stubbornly High Post Election, Rate Cuts

Based on  Freddie Mac's latest Primary Mortgage Market Survey (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 6.78 percent as of November 14, 2024.

Tech, AI Industries Drive Largest Share of Office Leasing Activity in U.S.

CBRE's latest Tech-30 report shows that the tech industry boosted its share of U.S. office leasing to 18% in the first three quarters of this year, partly fueled by companies involved in artificial intelligence (AI).

Home Prices Rise in 87 Percent of U.S. Metros in Q3

In the National Association of Realtors' latest quarterly report, about 90% of U.S. metro areas (196 out of 226, or 87%) saw home price increases during Q3 of 2024, as 30-year fixed mortgage rates fluctuated between 6.08% and 6.95%.

Washington D.C. Property News












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