Aug 14 • 💬 General discussion
Market Pulse: Rates Dip & Hot Midwestern Markets
Good morning, Deal Boss crew! Quick pulse on the market: 30-year mortgage rates have dipped to roughly 6.57% this week (down from 6.72% last week, according to Fortune). It’s not the 3% money we all remember, but a downward move is still welcome.
On the opportunity side, the latest WSJ/Realtor.com ranking shows investors gravitating to mid-sized cities in the Midwest and Northeast. Manchester-Nashua, NH, topped the list, with Canton-Massillon (OH), Springfield (MA), Toledo (OH) and New Haven-Milford (CT) close behind. These markets combine affordability with strong demand and lower climate risk. Meanwhile, pricey and storm-prone markets in Texas and Florida are cooling off.
I’m curious: which markets are you watching or investing in? Have you adjusted your strategy with rates around 6.5%? Drop a comment with your thoughts and let’s learn from each other.https://fortune.com/article/current-mo
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Market Pulse: Rates Dip & Hot Midwestern Markets
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