Markets

US 30-year mortgage rate falls to 2.86%, its 9th record-low of 2020

The US 30-year fixed mortgage rate fell to 2.86% from 2.93%, its lowest level in Freddie Mac data going back nearly 50 years. The rate has hit record lows nine times in 2020, fuelling the housing market’s rally throughout the coronavirus pandemic. Though the housing market’s strength persisted through the […]
US 30-year mortgage rate falls to 2.86%, its 9th record-low of 2020
News

Investors are pouring billions into US mobile home communities — but residents are feeling trapped by rising rents

https://www.facebook.com/plugins/video.php Private equity firms have invested billions of dollars in US mobile home communities in recent years. In these communities, residents own their homes but rent the land beneath it, leaving them little power to fight rent increases and poor maintenance. In one Florida community, residents are considering legal action […]
Investors are pouring billions into US mobile home communities — but residents are feeling trapped by rising rents