Loan limits will likely go up to $625K in 2022, but FHFA hasn’t announced it yet. Still, higher home values have convinced some lenders to boost loan limits now.WASHINGTON –
Fed lowers interest rates again. Will mortgage rates follow ☘ Hoey Team ☘ eXp Realty
Dated: September 22 2019
Economists and agents offered different opinions on how the 2nd rate cut of the year will impact housing market
The U.S. Federal Reserve announced Wednesday it would cut interest rates for the second time this year, after having not dropped them since the 2008 recession. Real estate economists are split on the immediate impact it will have on mortgage rates and the housing market.
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A price increase of almost 20% year-to-year is unheard of – until now. Home prices hit record highs in 19 of the 20 cities included in monthly Case-Shiller reports.WASHINGTON (AP) ;
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