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Tag Archives: Jacob Channel

Running the Numbers

For its most recent cover story, MortgagePoint assembled a panel of economists to forecast the top trends and headwinds they expect to define the housing market in 2024.

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Mortgage Rate-Lock Tipping Point Hits 5% Threshold

The mortgage rate tipping point—the rate that will allow homeowners to move—has advanced above 5%, with a Zillow report finding those above this rate are nearly twice as likely to plan to sell their home than those with a rate below 5%.

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Here’s How the Largest Metros Rank for Homeownership

“Overall, the study revealed that Raleigh, North Carolina; Charlotte, North Carolina; and St. Louis are the three best metropolitan areas for homeownership. Each of these metros ranks among the lowest for share of homes lacking complete plumbing and kitchen facilities (both are lowest in Raleigh), meaning they appear to have relatively high-quality housing available,” said LendingTree Senior Economist Jacob Channel.

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The State of Government Loan Servicing

The 13th Annual Five Star Government Forum is set for next week in our nation’s capital, bringing together mortgage servicing leadership and government agency reps to discuss the industry’s most pressing issues and work toward solutions.

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