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Mortgage Credit Availability Up Slightly, But Still Near 10-Year Low
“Mortgage credit supply increased modestly in March but remained close to its tightest levels since 2013,” said MBA’s Vice President and Deputy Chief Economist Joel Kan. Continue Reading Mortgage Credit Availability Up Slightly, But Still Near 10-Year Low
Vacation Home Demand Sinks in Post-Pandemic Market
“With housing payments near their all-time high; a lot of people can’t afford to buy one home right now, let alone a second,” said Redfin Deputy Chief Economist Taylor Marr. Continue Reading Vacation Home Demand Sinks in Post-Pandemic Market
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As House Prices Start To Moderate, How Bad Could It Get?
Source: Forbes --- There is no shortage of pessimism in the housing market today. U.S. house prices have declined since June. However, prices are generally up year-on-year, and the market is seasonal with prices and activity typically higher in the summer and lower in...
10 Weird Facts About Home Mortgages
Source: The Motley Fool --- Mortgages have been in the news for the past few years, particularly during the initial phase of the COVID-19 pandemic when interest rates dove beneath the 3% mark. Today, they're in the news again as interest rates rise and home sales...
Why Are Mortgage Rates Going Up?
Source: Forbes --- By now you’ve probably seen that interest rates are on their way up. The Fed has been raising rates for a number of quarters now in an attempt to wind down the sky high levels of inflation. So far they’ve not had much luck on that front, but there’s...
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