The National Association of Home Builders is expecting a weak multifamily construction market in 2021 driven by regulatory and supply dynamics along with slow rent increases and high vacancy rates. However, it’s expected to stabilize near the end of the year.
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30-year (FRM) rates at 2.86% (+0.03%)
15-year (FRM) rates at 2.40% (+0.03%)
FHA 30-year Fixed rates at 2.34% (+0.04%)
Jumbo 30-year Fixed rates at 3.30% (+0.03%)
5/1 ARM rates at 2.28% (+0.03%)
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