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A look at the mortgage hot topics for 2024

Housing Wire

This implies easing inflation next year, and mortgage rates near 6% would help affordability issues caused by two things: The inflation fight has fueled the mortgage rate spike Low inventory and a steady job market have put a floor on home prices The good news is that GSEs remain committed to loan approval guidelines that help in these tough cycles.

Mortgage 364
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ChatGPT for Appraisers

Appraisal Today

I have not had time to use it, but have been reading and watching demos about how it can be used for appraisers for awhile. In valuation we can either go out further in distance for comps or go back in time in the immediate neighborhood. It definitely can be very useful, as Dustin explains. Why are appraisers using older sales?