Sun.Aug 13, 2023

article thumbnail

Where are mortgage rates headed?

Housing Wire

Last week ended with a wild ride for mortgage rates. We anticipated the two inflation reports could help mortgage rates, however, we had a bad bond auction last Thursday, and the 10-year yield rose sharply. Weekly active inventory grew slowly again and purchase apps were down week to week again. Weekly active listings rose by only 4,270 Mortgage rates went from 7.03% to 7.19% Purchase apps were down 3% week to week Mortgage rates and bond yields Last week we started with lower bond yields as we

Mortgage 370
article thumbnail

The Intersection of Eco-friendly Practices and Efficient Plumbing Systems

Cleveland Appraisal Blog

Hello! I hope you’re having a great summer! Plumbing may be the last thing on your mind right now. If you’re like me, you put off plumbing work until the winter months when there is less to do outside. At least in Cleveland anyway. However, plumbing is a big part of our lives, on many levels. When it comes to plumbing, there are things we can do to save money and avoid future problems.

Appraisal 254
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Trouble with Polybutylene Pipes

Hank Miller Team

It's not usually if, it's when trouble with polybutylene pipes occurs. Polybutylene pipe (AKA PB, Poly, gray pipe) is a type of plastic plumbing pipe that was commonly used in residential water supply systems from the late 1970s to the mid-1990s. Polybutylene pipe was popular due to its low cost and ease of installation. However, it eventually fell out of favor due to concerns about its long-term durability and potential for leaks and failures.

article thumbnail

Home Prices May Have Bottomed Says New “Investor Sentiment Survey”

BiggerPockets

Home prices were supposed to crash…right? Not quite. If you were hoping to snag a steal of a deal on your first home, we’ve got some bad news.

article thumbnail

ChatGPT for Appraisers

Appraisal Today

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? by Dustin Harris, The Appraiser Coach Excerpts: ChatGPT: A Game-Changer for Appraisal Work For those who have embraced it, ChatGPT has been transforming multiple aspects of appraisal work, such as: Appraisal Work: Writing narrative Market analysis Market-specific information Descriptions of adjustments Terminology ResearchMarketing: Creating lists Writing emails and messages to current and potential clients Crafting blogs Strat

article thumbnail

Foreclosures Are Rising Across the Nation, But Who Should Buy Them?

BiggerPockets

Foreclosure can be a sensitive topic. After the embarrassment of falling behind on payments, there’s the fear of losing your home and having no place to live.

63