Much of corporate America is still trying to find the balance between bringing employees back to the office or letting them work from home four years after the COVID-19 pandemic began. But a recent survey suggests a new way to lure employees back into the office: housing benefits. According to Business Insider, bonding and insurance company JW Surety Bonds conducted a survey and found that 47% of respondents said they would be willing to return to the office in exchange for housing benefits.
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose this week, pushing the average rate to 6.21% from 6.16% last week. A year ago it averaged 5.68%, Freddie Mac said.Many economists expect that mortgage rates will ultimately ease moderately this year, but that’s not likely to happen before the Federal Reserve begins cutting its benchmark interest rate.
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