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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. The question is: how many more rate hikes are left? And, once they’re done hiking rates, will the Fed need to keep rates high because the consumer balance sheet looks so good?

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Is inflation or recession driving mortgage rates now?

Housing Wire

On Tuesday, we got more confirmation that the Federal Reserve ‘s biggest fear — inflation blowing up to 1970s levels — isn’t happening, according to the CPI data. Even with its most significant component, shelter inflation, keeping core CPI higher than it should be, it’s been hard to accelerate the core data.

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What does the new normal for first-time homebuyers look like?

Housing Wire

Buyers and sellers alike have now anchored their expectation of “normal” to sub-3% mortgage rates, multiple-offer bidding wars, and double-digit annual price growth. So, if this time it’s different, what are the forces that will drive the housing market forward or hold it back? The tailwinds. The headwinds.

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Days on market grow despite low inventory for existing homes

Housing Wire

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. Now we are getting the call back to balance, which is good. million in October.

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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

While the rate of growth of home prices is cooling off (the S&P CoreLogic Case-Shiller Home Price Index typically lags), it’s still at a very unhealthy level for me. Not even 5% mortgage rates in 2018 budged this data line too much. From Black Knight : Now, this doesn’t mean everyone gets off the forbearance program.

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How Stable Will the Housing Market Be for 2023?

Realty Biz

You may have questions such as: Will mortgage rates continue to increase? The Housing Market in 2023 Unless you’ve been living under a rock, you’ve likely heard about and experienced issues related to increasing inflation and interest rates. What about foreclosures? However, that is likely dependent on the factors below.

Marketing 101
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Will We See An Interest Rate Hike In July?

Toronto Realty Blog

TorontoRealtyBlog Do you remember a twelve-month period where we talked about interest rates any more than we have since this time last year? I’ve been around for almost two decades and I’ve seen just about everything when it comes to interest rates. In July of 1980, the Bank of Canada overnight rate was 9.93%.

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