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But we saved everything 🙂.
Lance Lambert reports that the average 30-year fixed mortgage rate today is 6.63 percent, compared to 6.79 percent on the same day last year.
He also states that the 10-year Treasury yield is 4.56 percent, with the current spread at 207 basis points.
Lambert has previously reported on how hundreds of housing professionals are driving key changes in U.S. real estate and homebuilding sectors. In a separate article, he covered how Invitation Homes attributed a slowdown in build-to-rent deals to the high cost of capital. Both developments reflect continued scrutiny of capital costs across real estate markets.