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Mortgage Demand Drops Again as Interest Rates Continue to Rise

Realty Biz

According to a recent CNBC article , the Mortgage Bankers Association (MBA) reported that its seasonally adjusted index of mortgage applications decreased 6.7% for the week ending August 5th. Rising interest rates are making it more expensive to buy a home, and this is discouraging some potential homebuyers from entering the market.

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Where In The World Are Those Rate Cuts?

Toronto Realty Blog

I closed on my current home in August of 2018 and at the time I had a variable rate. TorontoRealtyBlog I told my son this morning, “Sharing is caring.” ” I can’t believe I said that. Honestly, I don’t even know where it came from! But if sharing is caring then I’m going to share with you today.

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Will We See An Interest Rate Hike In July?

Toronto Realty Blog

Raise your hand if you remember buying an investment property, at any price, with only 5% down? By August of 1981, the Bank of Canada overnight rate was 20.78%. I haven’t seen rates in the double-digits; but that’s about the only thing. Raise your hand if you remember the days of 107% financing? My hand is raised.

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

Toronto Realty Blog

It’s only been a few days but already, I feel as though this January real estate market is going to be very slow. Prices topped the list with Sales & Inventory ranking second. TorontoRealtyBlog Since we last spoke on Monday, are there any other things on your real estate mind? Any new developments? What do I mean by that?

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Clarksville Housing Market: Prices, Sales, Forecast 2023

Marco Santarelli

This dynamic market offers a range of opportunities, from affordable homes to potential investment properties. Whether you're looking to buy, sell, or invest, this article will provide you with valuable insights to make informed decisions. Active Listings: As of September 2023 , there are 1659 active home listings in Clarksville.

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When Will Mortgage Rates Go Down? It’s Hard to Say, But Housing Experts Weigh In

HomeLight

To help with our predictions of when mortgage rates will go down, we’ve researched the state of the housing market and spoken with two experts: Richie Helali of HomeLight Home Loans and Newport News, Virginia -based top real estate agent Leanne Hester. At the time of this writing in early August, they’re now sitting at an average of 5.22%.

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Asking Rents Negative Year-over-year

Calculated Risk Real Estate

The surge in household formation has been confirmed (mostly due to work-from-home), and this also led to the supposition that household formation would slow sharply in 2023 (mostly confirmed) and that asking rents might decrease in 2023 on a year-over-year basis (now negative year-over-year). Our national rent index increased by 0.3