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Is Strong Equity Enough to Hold Back Foreclosures?

RIS Media

. “The same data also shows that borrowers with strong equity stakes are more than 40% less likely to face the involuntary liquidation of their homes than borrowers with weaker equity positions, limiting both potential losses on such mortgages and distressed inflow into the housing market. ” said Graboske. It now requires 21.6%

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The Real Estate Standoff: Existing Home Sales are Up, Despite Reluctant Sellers

Broke Agent Media

28% of transactions in February were all-cash sales —down from 29% the previous month but up from 25% a year ago. 18% of homes sold in February were purchased by individual real estate investors or second-home buyers —who are responsible for many of those all-cash sales—up from 16% the previous month but down from 19% a year ago.

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Should You Buy a House During a Recession?

Rent, Buy & Sell

Foreclosures and short sales may be enticing due to low offer prices, but they carry some risks and potentially higher costs. Shop around for the best mortgage rates. Rates Are Lower Along with falling home prices, recessions tend to bring falling mortgage rates.

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Miami Real Estate Luxury Home Sales Continue Surging 

Realty Biz

Rates leveled off before recently rising again. Rates on March 1, 2022 were 3.90%. Home sales are sensitive to mortgage rate changes. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.35% as of May 11. month supply at the current sales pace, up from 2.6

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Miami-Dade Luxury Sales Surge

Realty Biz

Home sales are sensitive to mortgage rate changes and homebuyers are taking advantage of any rate declines. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage is 6.60% as of March 16. The tech industry offers some of the highest-paying jobs.

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Miami Real Estate Records 4th Best Sales Year Ever 11 Years in a Row

Realty Biz

While the Fed doesn’t set mortgage rates, it affects them through its conduct of monetary policy. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage averaged 6.31% as of December 15. Miami Distressed Sales Remain Low, Reflecting Healthy Market Only 1.7%

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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

With the reopening of its economy, the Las Vegas real estate industry is looking forward to how the business can be conducted in the wake of the new normal. It isn’t just about casinos, medicine is a growing industry as well. The number of mortgage delinquencies in Nevada had reached its lowest point in years. year-over-year.

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