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Learn from the Past, Succeed in the Future

Appraisal Buzz

It will touch on how it has functioned in the past, how it’s functioning now, and what we can look forward to in the future. What can appraisers learn from the past to help them with their current and future business? The post Learn from the Past, Succeed in the Future appeared first on Appraisal Buzz.

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Mortgage rates blow past industry predictions

Housing Wire

Some mortgage rate indices topped 4% on Thursday, blowing past predictions that rates might reach those levels by the end of 2022. The current higher rates — an increase of nearly 50 basis points over the past month — will lead to “an enormous contraction of refinance activity,” Kiefer said. Gary Hughes, LO at RPM Mortgage Inc.,

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Mortgage demand falls as rates soar past 6%

Housing Wire

The index compiles only purchase mortgage rates reported by lenders during the past three days. The post Mortgage demand falls as rates soar past 6% appeared first on HousingWire. According to the latest survey from Freddie Mac, the 30-year fixed-rate mortgage rose last week to an average of 5.89%, up from the previous week’s 5.66%.

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ARE COMP PHOTOS A THING OF THE PAST?

The Appraiser Coach

Should we still hang onto them or are they a thing of the past? For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post ARE COMP PHOTOS A THING OF THE PAST? So you make the decision about whether or not you need comp photos. What do you think?

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Opinion: The best way to honor our past is to protect borrowers in the present

Housing Wire

Like the cities they inhabit, many have had a troubled past. As diverse as any other ethnicity, many Black Americans are, at their core, hard-working, family-centric, church members who live, for the most part, in urban areas. For some, their present lives are troubled, often through no fault of their own.

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Mortgage demand falters as rates inch past 7%

Housing Wire

Following the Fed’s decision to raise the federal funds rate by another 75 bps, to 3%-3.25%, bringing it back to a level last seen in March 2008, mortgage rates past the 7%-level as of September 27, according to Mortgage News Daily. The post Mortgage demand falters as rates inch past 7% appeared first on HousingWire.

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The past, present and future of real estate commissions

Housing Wire

The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire Senior Real Estate Reporter Matthew Blake answered questions about his three-part HW+ series on the past , present , and future of real estate commissions. The post The past, present and future of real estate commissions appeared first on HousingWire.