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Will falling mortgage rates entice potential homebuyers off the sidelines?

Housing Wire

Mortgage rates this week saw the biggest one-week decline in a year and potential homebuyers waiting for rates to drop responded, said Josh Mettle, division president and co-creator of NEO Home Loans. “I I think we were up right around 15% increase in the number of initial mortgage applications. Speaking on Nov.

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2022 Housing Market Year In Review: Looking Back on a Historic Year

Redfin

17 housing trends that defined the year, including record home prices and sky-high mortgage rates. For the first time in history, mortgage rates doubled in the span of just one year. Below is a non-exhaustive list of data points and visuals that defined the 2022 housing market. . The median U.S. The list goes on.