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Mortgage rates are down, but not enough for most borrowers

Housing Wire

Mortgage rates continued the downward trend this week amid signs that the U.S. economy is cooling down due to the tightening monetary policy. Mortgage rates decreased for the fourth consecutive week due to increasing concerns over lackluster economic growth,” said Sam Khater, Freddie Mac’s chief executive, in a statement.

Mortgage 384
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September 2022 Home Data Index Market Report

Clear Capital

The September 2022 Home Data Index (HDI ) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 4.2 Home price appreciation cooled again in September as the Clear Capital Home Data Index rose 4.2% quarter-over-quarter (QoQ) and 14.8% quarter-over-quarter (QoQ) and 14.8%

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Expectations for 2022 in Seattle/King County Real Estate

Will Springer Realtor

What will the 2022 Seattle/King County housing market offer? Here are three consensus predictions: Interest rates will rise as much as a full percentage point by the end of 2022. Here are three consensus predictions: Interest rates will rise as much as a full percentage point by the end of 2022. days (November 2021). =.

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Expectations for 2024 in Seattle/King County Real Estate

Will Springer Realtor

Many economists are more optimistic than in 2023 that we will avoid a serious recession and some are of the belief we will land the inflation/interest rate balance softly without much pain. In an economic downturn, the housing market typically experiences slower sales and lower prices. Buyers and sellers tiptoed through caution.

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Data Collectors: Appraisers vs. Uber Drivers

Appraisal Today

Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home collected by unlicensed, uninsured, and unprepared individuals getting paid $10-$25 per inspection. This is the future of GSE using appraisers.

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Home Prices Rising Toward Record Highs – Again

Will Springer Realtor

The Seattle/King County housing market inched forward – and a little sideways – as the number of new and unsold listings continued to expand in June while fresh signs of a slowdown approached. Meantime, unsold listings rose a solid 12% for the month to 3013, including 11% (1344) higher in Seattle and 10% (815) stronger on the Eastside.