Sunday, 24 October 2021 | The Latest Buzz for the Appraisal Industry

Rates Recover After Bumpy Week; Realtors See Prices Moderating; Stubbornly High Construction Costs

Mortgage rates bounced at 6 month lows early last week and moved higher at a faster-than-normal pace through the middle of this week. They’ve been slow to recover, but Friday went a long way toward solidifying the short-term ceiling. Economic data inspired the move on Friday with Consumer Sentiment falling to the lowest levels since 2011 , just edging out the lows seen at the start of the pandemic. The University of Michigan, which has



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