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Latest housing starts data is good for mortgage rates

Housing Wire

How is today’s housing starts data , which beat expectations, good for mortgage rates ? Typically good economic data is bad for rates, especially in this environment, when a Fed member will come out and say building or buying homes is bad for fighting inflation. Like most recessions, when demand falls, so does production.

Mortgage 507
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Who Needs Appraiser’s When One Has Cash?

Cleveland Appraisal Blog

Who needs an appraiser when one has cash? That’s a question a good friend asked me after telling me that a home on the same street from them sold, in hours, for a much higher price than many other generally similar homes are selling for in the neighborhood. The buyers paid cash. Back to the topic at hand. MULTIPLE BIDS.

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What would a Trump win mean for housing?

Housing Wire

presidential election and control of the Senate remain in the balance, but the widely-anticipated ‘Blue Wave’ appears to have floundered, with betting markets now making Donald Trump the favorite to win a second term,” Capital Economics Chief U.S. “The As I write this the morning after the election, the next president of the U.S. history.