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Discover how recovering risk appetite and tightening spreads are reshaping the commercial real estate market, according to insights from DoubleLine Capital LP. Learn how active managers are navigating this shifting landscape and seeking out mispriced opportunities amidst increased credit availability and evolving market dynamics. Read more below. https://lnkd.in/gCikssek

The article discusses the impact of rising mortgage rates, which have surpassed the 7% mark, on the housing market. It explores how these higher rates are affecting homebuyers, applications for home purchases, and the overall dynamics of the real estate market. Read more below. https://lnkd.in/gpzS5XAF

In the wake of rising US mortgage rates hitting a five-month peak, home-purchase applications have seen a notable decline, marking the fifth drop in six weeks. Read more below. https://lnkd.in/gJxZ4ZMw

Explore the contrasting trends in the U.S. real estate market, where the luxury sector thrives while the rest faces challenges. Despite overall real estate sales falling 4% nationwide, luxury real estate sales have surged, marking their best year-over-year gains in three years. Read more below. https://lnkd.in/gqJwMe8s

New York lawmakers recently approved a $237 billion state budget, which includes provisions to stimulate housing construction. Read more below. https://lnkd.in/gfwGWvvF

The commercial real estate sector is facing mounting challenges, with foreclosures on the rise in March. Higher interest rates and shifts in work dynamics are among the factors driving this trend, posing significant implications for the industry and financial markets. Read more below. https://lnkd.in/gDwj7UQM

In the latest development, the average long-term U.S. mortgage rate has surged above 7%, reaching its highest level in nearly five months. This increase poses challenges for prospective homebuyers, potentially limiting their purchasing power and impacting the housing market. Read more below. https://lnkd.in/gnhPrEcR

US mortgage rates have surged to a four-month high, reaching 7.13% for a 30-year fixed mortgage. This increase could indicate a bumpier road ahead for the residential real estate market, potentially affecting housing demand and market stability. Read more below. https://lnkd.in/gEM8ikV9

In 2024, housing experts anticipated a slight improvement over the previous year, expecting mortgage rates to decrease in the latter part of the year. However, recent economic indicators have shifted market sentiment, leading to a surge in mortgage rates and impacting the housing market. Read more below. https://lnkd.in/gWkAHWSv