This week, government-backed lender Freddie Mac reported that the 30-year fixed-rate mortgage averaged 4.35 percent, a one-year low. The previous week, the rate was 4.37 percent.
During the week of Feb. 13, mortgage rates were flat, but they may rise after news of President Trump and Congress reaching a budget agreement and making progress in China trade talks.
American households annually earning $150,000 or more are the fastest-growing renter segment in the nation. Between 2007 and 2017, these households increased by 175 percent.
National home builder Clayton Homes recently launched its latest advertising campaign for television, "Prefabulous," to showcase modern prefabricated homes, and to educate the public about the benefits of off-site construction.