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Freddie Mac: Another Mortgage Rate Uptick
“Homebuyers are getting used to current rates and continue to pursue homeownership,” said Freddie Mac’s Sam Khater. Continue Reading Freddie Mac: Another Mortgage Rate Uptick
MBA: Net Loss Tumult Eased for Independent Mortgage Banks in Q1
Q1 was an improvement from the reported loss of $2,812 per loan in Q4 2022. Continue Reading MBA: Net Loss Tumult Eased for Independent Mortgage Banks in Q1
Here’s how many Americans think US housing market is heading for a ‘crash’
Source: New York Post --- A significant portion of Americans fear the once-booming housing market is headed for a significant crash in the months ahead, recent survey results from LendingTree showed. According to the survey, 41% of Americans expect the housing market...
Why Today’s Housing Inventory Proves The Market Isn’t Headed For A Crash
We all remember the housing crash of 2008 even if we didn’t own a home. It is something that stays embedded in our minds. As we take a look at the market over the last year, some of us have been at the edge of our seats wondering where it’s headed. Some say we’re...
Housing Prices Likely to Have Slow Fall in 2023
Source: Yahoo! Finance --- The U.S. housing market is clearly slowing down. The Census Bureau’s statistics show that building starts dropped around 11% between Jan 2021 and Oct 2022 and dropped 6% in the twelve months to October. New home sales are down over 30% from...
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