Mortgage Rates Hit 9-Month High at 6.65%: Refi Demand Crashes 18%

TL;DR * The average 30-year fixed mortgage rate climbed to 6.65% last week, up from 6.56%, marking the

AvalonBay-Equity Residential $69B Megamerger Creates Largest US Apartment REIT

AvalonBay Communities (NYSE: AVB) and Equity Residential (NYSE: EQR) have agreed to combine in a $69 billion all-stock merger of