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Why higher rates aren’t crashing home prices

Housing Wire

In 2022 it was all about finding a point in time when I thought mortgage rates would fall, which was key to understanding how the purchase application data would react to lower mortgage rates. The housing bubble boys are a crew that from 2012 to 2019 screamed housing crash every year. Then on Aug.

Mortgages 545
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Days on market grow despite low inventory for existing homes

Housing Wire

Total inventory data started at all-time lows at the beginning of 2022, creating more bidding war action in January and February, peaking in March. Total inventory data started at all-time lows at the beginning of 2022, creating more bidding war action in January and February, peaking in March. million in October.

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Here’s why the housing market needs higher mortgage rates

Housing Wire

In this HW+ Slack Q&A , HousingWire Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, his insights on the latest economic reports and more. HousingWire: To begin, how is the supply data looking this year now that we are in April? Seasonal inventory is about to rise, so let’s hope for the best.

Mortgages 430
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Logan Mohtashami: The 2022 housing forecast

Housing Wire

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

Mortgages 543
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15 Mortgage Questions to Ask Lenders Before Buying a House

HomeLight

All of these things are stressful and confusing, but you’d be surprised by how many people struggle with the mortgage process. And they need answers to their mortgage questions. As a first-time homebuyer, you’re likely among the 85% of buyers who will apply for a home mortgage instead of paying cash.

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Top Five: Real Estate Stories Of 2022

Toronto Realty Blog

TorontoRealtyBlog. I hope you enjoyed that “trip down memory lane,” as Marina so eloquently put it, with the Top Five Blog Posts of 2022 in Monday’s post. Picking my top five posts is always a difficult task, given I’m the author. For example, real estate prices could be a topic every year! 3) Market Frustration.

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The Mystery of the Housing Market in the Fall of 2022

Notorious ROB

The headline is “mortgage payments hit all time high” as the Fed keeps hiking rates. Mortgage purchase applications were down 0.4% Prices have climbed 1% since the beginning of the month, after 11 weeks of declines. CPI in September so in real terms, home prices are falling. a year earlier.