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Are we seeing a cash-out refinance crisis?

Housing Wire

I hear a lot of chatter about a boom in cash-out refinances, and the presumption seems to be that this is destined to wreak havoc on the housing market and the economy at some point. But there are several critical reasons why the recent uptick in cash-out refinancing is nothing like the cash-out boom of the early to mid-2000s.

Equity 541
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The 2021 housing market recap by Logan Mohtashami

Housing Wire

We started the year with many pundits saying that the U.S. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. Now that we are just a few days away from 2022, it’s time to take a look at the positive and the negative housing stories of 2021.

Marketing 530
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What happens after the Fed’s rate hike?

Housing Wire

The Federal Reserve will hold another meeting this week, where everyone assumes we will get another 75 bps rate hike. From the WSJ article: “ U.S. This was key to the recovery going into the COVID-19 crisis and getting out of that brief recession because we didn’t have a credit bubble that needed deleveraging.

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Risk of mortgage fraud is on the rise in the current market

Housing Wire

The problem: They did not qualify for the loans. Hill’s scheme, also enabled by a group of co-conspirators, caught up with him, in part because many of the loans started going south. Hill instructed the homebuyers on how to game the system by submitting fraudulent asset, income and employment information on loan applications.

Mortgages 391
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When Will We See 100-Year Mortgage Amortizations?

Toronto Realty Blog

The second number that pops up in my head is “forty” and that’s because the 40-year amortization was a huge seller, circa 2005 – 2008, but was done away with after the Financial Crisis in the United States in 2008. The first is 25. The second is 40. Why those two numbers? Those were massive changes!

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Parents Helping Their Kids With Housing? No Kidding!

Toronto Realty Blog

We’ve heard the term “bubble” almost as often as “crash” or “collapse,” and that too has been a constant in the market. We saw the market retract in 2008, 2017, and 2022. But relative to prices before those retractions, we could hardly call this a “collapse.”

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A Helping Hand In The Housing Market

Toronto Realty Blog

TorontoRealtyBlog. As a 40-year-old man, I can personally attest to just how interesting the child-parent relationship is. I’ve rounded that corner – the one where you cease to become the one who needs to be provided for, and instead, becomes the provider. Many of you can relate, and from a variety of ages, I’m sure.

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