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Too Hot, Too Cold or Just “Tight”

Housing Wire

This article is part of our Housing 2022-23 forecast series. It is of little surprise to housing market prognosticators and participants alike that the biggest housing trend in 2022 was the market’s response to the record-breaking increase in mortgage rates, as the Federal Reserve tightened monetary policy to tame inflation.

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A housing boom doesn’t portend a bust

Housing Wire

This article is part of our housing market economic update series. A housing bubble can generally be defined as an unsustainable period of house price growth generated by artificial demand, as was the case in the mid-2000s when demand surged because of wider access to mortgage financing.

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Will Omicron variant stop first Fed rate hike?

Housing Wire

During this Thanksgiving week, we went from higher yields and the first Fed rate hike storyline to a big drop in bond yields and scary headlines on a new COVID variant, Omicron. In this type of economic environment is it even possible for mortgage rates to get to 4% and can the Federal Reserve really hike rates in an aggressive fashion?

Retail 536
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Pending home sales shock 2021 housing crash bears

Housing Wire

This is a big reason why I always have my two staple sayings. Who is crazy enough to write an American economic recovery model on April 7, 2020, and try to explain to people why housing isn’t going to crash due to demographics, good credit profiles and low mortgage rates? Whatever the future brings for the U.S.

Inventory 527
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Is the Dallas Fed right to label this a housing bubble?

Housing Wire

The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. I’m going to take their talking points and explain in detail why this isn’t the housing bubble of 2002-2005. “ This is why I like to show the MBA mortgage purchase application chart. Housing Bubble.

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What’s The Leaven Causing Home Prices to Rise Today?

Cleveland Appraisal Blog

At that time, the handful of bad appraisers doing this kind of thing were also getting a lot of business from lenders and mortgage companies, because they were hitting the numbers, while honest appraisers were beginning to lose business. When baking, there are different ingredients that are used that will make the dough rise. Pretty cool!

Inventory 243
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Why Soon-to-Rise Mortgage Rates Are a Good Thing

McKissock

Could the end of historically low mortgage rates be near — and could it be a good thing for real estate? For more than a year, many homebuyers have enjoyed borrowing rates lower than 3%. How Did Mortgage Rates Drop So Low? Why Are Rising Mortgage Rates a Positive Sign?