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When & How do Appraiser’s Adjust for Age?

Cleveland Appraisal Blog

We also develop the effective ages of comparable sales to derive a range of effective ages, which can help to further support our estimate of the effective age of the property we are appraising. 80% of Home Price Appreciation Since 1990 Was Due To Falling Mortgage Interest Rates? How About Loan Conditions?

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With little competition, homebuilders are feeling better

Housing Wire

Despite the volatile mortgage rate environment and overall economic uncertainty, homebuilder confidence slowly continues to rise, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday.

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Builders continue to get a boost from low inventory

Housing Wire

Builders note that additional declines in mortgage rates, to below 6%, will price-in further demand for housing. In addition, 33% of builder expect to experience or have already experienced AD&C loan tightening from regional banking partners.

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Does Refinancing Affect Your Taxes?

Assurance Financial

Refinancing could potentially lower your monthly payments , allow you to consolidate debt, speed up the payoff process for your mortgage, eliminate your private mortgage insurance (PMI) and put more cash in your pocket. Refinancing can make your mortgage more affordable and help you meet your financial obligations.