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Housing market predictions: the forecast for the next 5 years

Housing market predictions: the forecast for the next 5 years

Source: Bankrate --- It’s been a wild real estate ride over the last few years. After a red-hot market characterized by bidding wars, low interest rates and elevated prices, mortgage rates increased to the highest level in 20 years, leading to a slowdown of both...

Opinion: Solving the housing affordability issue

Opinion: Solving the housing affordability issue

Source: Real Trends --- In a recent chat with two PropTech executives concerned about rising house prices, an interesting linguistic distinction was the focus of our discussion. The two words were affordable and affordability.  In the housing market, the first has a...

U.S. Home Price Insights – November 2022

U.S. Home Price Insights – November 2022

Source: CoreLogic --- Through September 2022 with Forecasts through September 2023 Introduction The CoreLogic Home Price Insights report features an interactive view of our Home Price Index product with analysis through September 2022 with forecasts through September...

As House Prices Start To Moderate, How Bad Could It Get?

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

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...

Mortgage Rates Rise Beyond 7% Barrier

Mortgage Rates Rise Beyond 7% Barrier

Source: U.S. News ---  Mortgage rates surged above the 7% threshold for the 30-year fixed mortgage term this week, according to Freddie Mac. This is the first time that average rates have entered 7% territory since early 2002. Interest rates also rose for the 15-year...

Why Are Mortgage Rates Going Up?

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...