2024 Modernization Mortgage New Listings 
Housing Wire
DECEMBER 7, 2022
Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? However, mortgage rates have fallen more than 1% since the recent highs, so it’s time to look at the data to explain how to interpret it.
Housing Wire
SEPTEMBER 22, 2022
Even though this was a beat of estimates, the sales decline trend due to higher mortgage rates and home prices continues. The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . million in August.” million in August.”
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Appraisal Today
MARCH 8, 2024
Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! From the subtle upturn in existing home sales to the moderated growth of new home sales and the looming shadow of rising mortgage rates, the market’s complexion is changing.
Housing Wire
OCTOBER 11, 2022
To top it all off, we started 2022 at all-time lows, forcing bidding action everywhere until mortgage rates rose. And we aren’t talking about your grandfather’s mortgage rates rising; we went from 2.5% However, with price growth and mortgage rates skyrocketing, the hit to affordability is historic.
Housing Wire
FEBRUARY 21, 2023
Last June, the Federal Reserve said it wanted a housing reset , which meant it wanted higher mortgage rates to destroy the housing market. This facilitated the biggest decline in existing home sales for a single year that we will ever see in modern-day history due to the high level of sales in January of 2022. million in January.
Will Springer Realtor
JANUARY 9, 2024
The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. Treasurys and mortgage-backed securities. Fully 60% of mortgaged homeowners have lending rates below 4.0%
Will Springer Realtor
MARCH 10, 2023
However, many potential buyers appeared to be in a wait-and-see mode amid a backdrop of rising mortgage rates that usually spell affordability challenges. The 20-story luxury condo Mari is under construction with a 2024 target opening. 1-story, mid-century modern home with basement. It’s a 4-bed, 4.75-bath bath , 3880 sq.
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