AGP Executive Report
Last update: 6 hours agoMortgage Watch: HSBC and NatWest are expected to cut some UK fixed-rate deals, a possible reprieve after average five-year rates reached 6%. In the U.S., mortgage rates above 7% continue to strain affordability. Market Pulse: Existing-home sales rose 1.5% in September, but the median price hit a record $417,500. New York metro prices climbed 3.6%, even as buyers gained more options, and bidding wars are fading across Texas. Affordability: An RBC poll found 53% of Canadian prospective buyers would consider a multigenerational home, often to manage housing costs.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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