Mortgage rates are driven by the capital market and basically follow the bond market, specifically 10 year US treasury with a premium, historically about 1,7%.Yesterday the 10yT fell to 3.9% and I have seen 5.99% 30y fixed rates with a local bank in here Milwaukee (that is still an inflated 2% premium), so 5.7% would be historically normal based on a 1.7% premium, even without the 10YT going any lower.Here is why.If the 10yT offers lower returns, more investors want to buy mortgage-backed securities instead to get higher returns (about 1.7% higher), as a consequence lowering the returns on those as well.

It’s great to see someone as passionate and driven as you here.

Looking at a property built in the 1980s that the seller says is a 2/1 1606 square feet but all data bases I look at (Zillow, MLS, Propstream) show it as a 1/1 1070 square feet. 

For example (all data YoY)Wisconsin 6.01%West Allis: 1%Wauwatosa: 11.9%Shorewood: 13%City of Milwaukee: 11%West Allis stands out, because it has been the HOTTEST market last year, so looks like it's consolidating this year.The April lunch&learn for the RPA will be about Milwaukee rent growth and increases.

As a local team lead focused on investment real estate, we often start by analyzing comparable properties and historical data to get a baseline for expenses.

My journey in real estate has been driven by a passion for helping people achieve their property goals, whether it's finding the perfect home, making profitable investments, or connecting buyers and sellers for mutual success.I'm eager to network with fellow professionals who share the same enthusiasm for real estate and dedication to making a positive impact.

Chart is from FINRA data on their Margin Statistics page. 

Where Would you even find this data?

definitely not. especially if you stack instead of side by side. depends on the duplex but I'd be happy to take a look if you want. our pricing reduces by 15% from a single family to a triplex in columbus ohio and miami fl for new construction  Thanks Robert for sharing that data. 15% is a nice chunk to save! 

Unfortunately I can't vouch for the accuracy of the data though (according to this Westgate is D area).