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How to grow housing supply in 2021

Housing Wire

housing market was the single best outperforming economic sector globally during the COVID-19 pandemic in 2020. The reasons for that are solid demographics and low mortgage rates , which will not change much in 2021. Due to the solid demand for homes, housing supply for both new and existing homes are at all-time lows.

Inventory 545
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Why owning a home is the best hedge against inflation

Housing Wire

The benefit of being a homeowner is that with a 30-year fixed mortgage rate , that mortgage payment is fixed for the life of the loan. Yes, your property tax or insurance might go up, but the mortgage payment is generally fixed. Your mortgage payment as a homeowner. Which they are, as we can see below.

Inventory 543
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FHA Handbook 4000.1 Appraisal Changes

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. One of the most quoted experts on housing markets, Jonathan Miller of real estate appraisal company Miller Samuel, won an unusually large 30-way bidding war for a Connecticut house built in 1755.”

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Why owning a home is the best hedge against inflation

Housing Wire

The benefit of being a homeowner is that with a 30-year fixed mortgage rate , that mortgage payment is fixed for the life of the loan. Yes, your property tax or insurance might go up, but the mortgage payment is generally fixed. Your mortgage payment as a homeowner. Which they are, as we can see below.

Inventory 395
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What’s the Difference Between a Fixed Interest Rate and an Adjustable Interest Rate?

Assurance Financial

Whether you’re a first-time homebuyer or a homeowner looking to refinance your mortgage, the financial logistics of homeownership may have you asking some big questions. What Is a Fixed-Rate Mortgage? Mortgages typically last for 10-30 years, depending on your financial goals and repayment plan.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Compounding the demand is a consumer public determined to stay put for several more years rather than dive into a real estate market clouded by higher interest rates. Information from the National Mortgage Database shows 83% of all mortgage holders enjoy an interest rate below 5% when today’s average rate is about 6.5%.

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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

DID SOMEBODY SAY, ‘HOUSING BUBBLE?’. Are we in a housing bubble? The housing market has become bubbly,” said economist Enrique Martinez-Garcia of the Federal Reserve Bank of Dallas. He was one of the authors of a recent report that found signs of a housing bubble in the real estate market.