- 30-year fixed rates opened the week around 6.68%, a nine-month high, and remained volatile amid geopolitical headlines.
- MBA data showed mortgage applications fell 2.3% and purchase apps dropped 4% as rates pushed into the mid‑6% range.
- ARM share climbed to 9.6%, the highest since Oct. 2025, as buyers sought lower initial payments.
- A national trend is emerging of parents helping adult children buy homes as affordability stays tight.
- Huntersville approved the $200M Knox Crossing mixed‑use project with 413 apartments/townhomes and a grocery anchor.
- Charlotte rezoned the former Regal Manor Twin site for up to 130 residential units, and Lincoln County approved a $90M Lake Norman-area apartment project.
What is Charlotte NC Real Estate Recap?
A crisp daily briefing on Charlotte NC housing: rates, affordability, policy headlines, and market trends—delivered each afternoon in under five minutes.
Patrick Laraway
American Security Mortgage
MLO# 961156 | ASMC NMLS# 40561