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2024 Updated UAD and URAR – What does It Mean for You?

Appraisal Today

To see the timeline (from 2018 to 2026) PDF, Click Here Too large to include in this newsletter. NOTE: Please scroll down to read the other topics in this long blog post on forecasts for economic factors, SFR zoning and more apartments, appraising and rhetoric, opinion, or anecdotal theories, unusual homes, mortgage origination stats, etc.

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FINDING THE KEY TO UNLOCK ‘STUCK’ HOMEOWNERSHIP RATE

Will Springer Realtor

Calling upon Fannie Mae, Freddie Mac and other secondary-market mortgage holders to lower the bar to ownership through tax credits, larger deductions on mortgage interest and greater options for down payment assistance can also help. >> Forty-five percent of residential mortgages in the U.S. was $1889. >>

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

The Federal Reserve, which has been buying mortgage-related securities for more than a year to artificially keep interest rates low, has signaled a desire to taper its bulk purchases within the next month or so. A 30-year mortgage in our area could be had for about 3.125%, up from about 2.875% a month ago. Estimated opening is 2026.