Sat.Nov 18, 2023

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Have lower mortgage rates already boosted housing demand?

Housing Wire

Did the recent move lower in mortgage rates turn the housing market positive? With mortgage rates moving almost 75 basis points lower from the highs, does the data show that demand has improved? Let’s take a dive in the weekly tracker to see. Purchase application data Last year, when mortgage rates fell from 7.37% to 5.99% , we got three good months of positive purchase application data until the first week of February before mortgage rates started to run higher from 6%-8%.

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9 reasons real estate agents can be thankful this season

Inman

Coach and author Darryl Davis offers a Thanksgiving prescription for agents and brokers who are feeling overwhelmed by challenges in the industry. Even in the midst of change and upheaval, there are always reasons to be thankful and to embrace a positive attitude.

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Fannie Mae Rolls Out 5% Down Payment Program for Multifamily Properties—Here’s What You Need to Know

BiggerPockets

Effective November 18, Fannie Mae will begin accepting lower down payments on multifamily housing. Read all of the details here.

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Lesson Learned: Watch your mouth — and your face

Inman

Find out how Las Vegas Realtor Camila Lincowski brings her winning personality to her work and why her mom says she's "the best Realtor.

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8 things to remember amid market and consumer upheaval

Inman

Right now, agents are feeling overwhelmed by all of the talk and potential changes post-Sitzer. Coach Darryl Davis offers wisdom and action steps to shore up your business against the tumultuous market ahead.

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Transgender Day of Remembrance is a time for authenticity

Inman

For transgender real estate professional Jamie Zapata, leading with authenticity in both life and business is the only way to thrive.