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Also affected: “The other implication of a rising mortgage rate environment is the rate lock-in effect,” Kushi said. “Many homeowners have locked into historically low rates, and are less likely to move as rates move higher - this does not…
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About 72% of the firm’s sales go to real estate companies or real estate teams, and by selling to them, they have purchase referral – what Morrison calls “diamonds in their backyard”. The industry is sitting up and taking notice. During one…
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The Senate Banking Committee has voted to advance the nomination of Sandra Thompson as head of the Federal Housing Finance Agency. In an executive session, the panel approved the nomination of Thompson to lead the housing regulator for a…
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