Remove articles mortgage-rates-drop-below-3-again
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Housing Market Tracker: Inventory is negative YOY

Housing Wire

Mortgage rates rose last week after the better-than-anticipated jobless claims data but even with higher rates, we also had a third week of positive purchase application data. As you can see in the chart below, 2023 inventory growth is very slow compared to 2022.

Marketing 452
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HW+ Member Spotlight: Chris Mozilo of Newrez

Housing Wire

Below, Mozilo answers questions about the housing industry: HW Media: What is your current, favorite HW+ article and why? Chris Mozilo: While I’ve spent most of my 30-year career working at large firms, the most I ever learned in the mortgage business was the five years I worked at a small independent mortgage banker.

Lending 357
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What’s next after a historic housing boom?

Housing Wire

This article is part of our HousingWire 2022 forecast series. But — in the same beat — Caporale added, “There is still a massive influx of buyers, and I am not seeing a significant drop in demand.” But home sales or real estate prices dropping may not be in the cards. Rising interest rates. Seasonal ebbs and flows.

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Federal Reserve Predicted to Cut Rates 6 Times in 2024, but Homebuyers May Not Want (Or Need) to Wait

Lighter Side of Real Estate

mortgage rates will come down. So the recent news that ING Economics predicts that The Federal Reserve will cut rates 6 times starting in the second quarter of 2024 is probably music to your ears! However, when The Federal Reserve raises or lowers rates, it doesn’t directly impact mortgages.

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What’s On Your Real Estate Mind For 2024? (Pt2)

Toronto Realty Blog

Let me throw some skin in the game here: my mortgage comes due in November of 2024. It’s been at the back of my mind since the spring of 2022 when interest rates started increasing, but it’s not something that I think about every day. I’m on a 2.59% fixed-rate mortgage. Is it on my mind?

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How Is The Downtown Toronto Rental Market?

Toronto Realty Blog

“Weak Condo Market In Downtown Toronto Leads To Dip In Rental Rates, Increased Vacancy” Globe & Mail February 7th, 2024 That headline definitely jives with what I saw and felt over the past three months, and you’ll see this shortly in the Q1 rental stats. s (CMHC) rental market report. Belleville, eh?

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8 Reasons You Should Seriously Consider Listing Your House in January 2023

Lighter Side of Real Estate

While there’s a lot of chatter about real estate prices coming down, according to this Forbes article , home prices are still 6% higher than they were last year, when prices were considered historically high. However, it also speculates that a drop in prices could happen depending upon what happens with mortgage rates moving forward.

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