Remove articles solid-jobs-report-sends-mortgage-rates-lower
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At last: Softer labor data sends mortgage rates lower

Housing Wire

The jobs report today which should move mortgage rates lower, demonstrates why it’s time for the Federal Reserve to land the plane. We had a solid job openings print this week and jobless claims are still near historic lows. But, job growth is returning to its average pace.

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Better inflation data won’t sway the Fed

Housing Wire

The Consumer Price Index data released Wednesday showed again that the breakaway 1970s-style inflation is not happening, even with an expanding economy and an unemployment rate under 4%. The headline inflation data came in lower than anticipated. As I am writing this article, it’s trading at 3.42%.

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Housing industry continues to shed employees in economic downturn

Housing Wire

Don’t be fooled by last week’s mortgage rate collapse. A combination of elevated mortgage rates, sluggish home sales and inflation continue to plague the housing market workforce, with numerous mortgage lenders and real estate startups shedding employees. Presented by: ServiceLink.

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Appraiser Liability Risks

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. If this article helped you decide whether to buy the book, it is worth the subscription price! Or hit the reply button.

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Logan Mohtashami: The 2022 housing forecast

Housing Wire

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

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The Power of Praise for Appraisers and Clients 3-24-23

Appraisal Today

I had completed a complex appraisal assignment and was expecting multiple revision requests, but instead, got a note saying how thorough my appraisal report was and thanking me for the work. Again, I was expecting multiple questions about the report since it was complex and atypical for the area. Boy I wish I had that one in writing!

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2024 Updated UAD and URAR – What does It Mean for You?

Appraisal Today

The Appraisal World Is Changing January 25, 2024 Excerpts: There has been a lot of talk about the Uniform Appraisal Dataset (UAD) and Uniform Residential Appraisal Report (URAR) redesign initiative, and how it will make life easier for appraisers. At the same time, affordability challenges will persist at higher mortgage rate levels.