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Does it matter that the mortgage rate dropped by 0.08%?

It does if the left-most number changed, research shows. And this week, the mortgage rate went from 7.03% to 6.95%. ....

North Carolina , United States , Simon Blanchard , Daryl Fairweather , Sheryl Merritt , Freddie Mac ,

Low housing inventory means there are financial incentives to build

But one economist warns it’ll “take decades of building, not just one good year, for the market to come back into a healthy place.” ....

United States , Wake County , North Carolina , Lawrence Yun , Daryl Fairweather , Sheryl Merritt , National Association Of Realtors , National Association ,