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HHAD and Greenville Housing Fund break ground on 54-unit affordable senior housing community targeting residents earning 30-80% area median income, with completion expected October 2027.

Billionaire Bill Ackman identifies high-quality stocks as "stupidly cheap," citing opportunities in Fannie Mae, Freddie Mac, Lululemon, Microsoft, and Alphabet amid AI disruption concerns.

US mortgage rates hit 6-month high of 6.38% as Iran tensions drive oil prices higher, raising inflation concerns. Fed expected to maintain steady rates through 2026-2027.

30-year mortgages averaged 6.38%, up from 6.22% weekly but down from 6.65% year-ago. Housing applications improve despite higher rates.

NY housing sales dropped 7.5% in January while median prices hit record $445,000, reflecting tight supply amid softer demand.

Freddie Mac's exit from conservatorship could unlock significant shareholder value by enabling capital returns and equity appreciation currently restricted by government control.