Mortgage demand picks up as seller concessions rise
Housing Wire
JANUARY 11, 2023
And to close deals, sellers are increasingly coming to the table with concessions and rate buydowns. . The Bureau of Labor Statistics reported on Friday that job and wage growth is slowing, although the labor market finished 2022 stronger than expected. “So, in essence, the seller helped pay for their refinance in 12 -24 months.
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