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Mortgage Rates on Dec. 8, 2022: Rates Slip
Today some major mortgage rates decreased, though rates remain high compared to earlier this year. See how the Fed's interest rate hikes could affect your mortgage payments. Written by A few......

Foreclosures surge from a year ago but slow on a monthly basis
...they declined from last month, and lenders often put a moratorium on foreclosures during the holiday season." A federal moratorium on foreclosures enacted during the COVID-19 pandemic expired......

Carrington markets second liens to existing servicing customers
...relative to cash-out refinances because they don't upend borrowers' lower primary mortgage rates. The rollout is currently limited to existing customers, but an executive at the company said......

Mortgage applications decline for second consecutive week
...volume increased to 28.7% from 26.1%. A recent pullback in mortgage rates has done little to significantly turn around the outlook for refinances, with many homeowners already benefiting from......

December Fed Meeting Preview: How many more giant rate hikes are left? ‘This is where it becomes the tough part’
...to back off for “risk management” purposes. The rapid slowdown in the housing market, coupled with a rapid tightening of financial conditions, illustrates just how much its massive, rapid rate......

Doma to lay off 515 workers in cost-cutting plan
...in the third quarter, attributing the performance to the combination of elevated mortgage rates, inflation and supply chain woes. The company reported an $84.1 million net loss in the third quarter......

What The Seattle Housing Market Looks Like Going Into 2023
...of the Pacific Northwest.” Not surprisingly, given this significant growth, the Seattle housing market experienced a dramatic rise in home prices and demand. Based on data sourced from Redfin......

Local Governments Should Incentivize Housing Overbuild Ahead Of Recession
...can be counted on to understand what’s happening in today’s housing market. It’s worth saying again, that the “cost burden” methodology uses a single data point from old data to say what the......

Houston housing market 2023
...big-city amenities and affordability. But here, as in many cities nationwide, the housing market is somewhat in flux as calendars roll into 2023. On the one hand, the pace of sales is slowing......

Current Mortgage Rates for Dec. 7, 2022: Rates Decline
Today some important mortgage rates sank, though rates are generally expected to rise this year. See how the Fed's interest rate hikes could affect your mortgage payments. Written by A couple......

Lean On Your Supply Chain To Weather The Potential Recession
...chain planning and modeling are not perfect. Did your planning predict the housing market crash in 2008? Or the dot-com crash in 2001? It’s OK—no one else was able to predict these downturns......

Redfin Doesn't Foresee a 'Wave of Foreclosures' In Its 2023 Outlook
...of predictions includes that the US housing market will not experience a "wave of foreclosures"......

GSEs Unlikely to Meet Allocations
...uncertain. One cause for the declining volume is tepid borrower demand. GSE mortgage rates started the year in the 3% range, even less on some high-quality, low-leverage loans. But now GSE......

The 10 best real estate markets of 2023: Goodbye COVID boomtowns, hello mid-sized markets
...affordability crunch than others, are poised to see the strongest combined growth in home sales and listing prices in the coming year, according to a report from Realtor.com. With mortgage rates......

Closing costs: What are they and how much are they?
...a tax lien. The fee for a title search is around $300. Title insurance – Lenders require borrowers to obtain title insurance in case there are issues with ownership after the sale. This policy......

Should I lock in my mortgage rate today?
...the loan) or a slightly higher rate with a half-point. However, when mortgage rates are rising, you might consider locking the lower rate as soon as possible. It’s a gamble, of course, because......

Real Estate Trends: Is The Real Estate Market Slowing Down Due To Mortgage Rates?
...02:35pm EST|Press play to listen to this article! Got it! Key Takeaways Mortgage rates have nearly tripled since this time a year ago. However, housing prices have continued to rise, making......

How the pandemic may permanently change loss mitigation options
...Based on the extent to which forbearance and deferrals have staved off foreclosures to date, the proposal suggests moving from their traditional use in conjunction with disasters, and as a temporary......

Housing Market Predictions For 2023: Home Prices Set To Fall For The First Time In A Decade
...to listen to this article! Got it! Topline The steep collapse in home sales spurred by rising interest rates will continue into next year and lead to the housing market's first yearly price......

Buying a house with no money down
...house, says Mathew Pezon, owner of Pezon Properties, an Easton, Penn.-based cash-for-home buyer. Buy sooner: “There are housing markets that are still appreciating in price. Purchasing a house......

How much does it cost to stage a home and is it worth it?
...percent, according to RESA. Similarly, in a 2021 National Association of Realtors (NAR) report, 23 percent of sellers’ agents indicated that staging helped increase offer amounts by up to 5......

Florida housing market
The housing market in Florida has been making headlines as loads of people pack their bags and head south. Florida has led the county in net migration — people moving there from......

By spring 2023 home price growth will sink below year-ago levels
...and relatively positive economic news may help eventually stabilize home prices." Mortgage rates have dropped considerably in the past month. The 30-year conforming mortgage peaked at 7.15%......

Buying a house in Dallas: A how-to
...you should buy a house now or wait. On one hand, high mortgage rates make it a tough time to buy. The record-low mortgage rates that dominated much of 2020 and 2021 are now a distant memory. On......

Selling a home in Dallas
...might not be quite the Mavericks-style slam dunk you might expect. Rising mortgage rates are creating headwinds for the housing market, and Redfin data shows that median home prices have fallen......