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Tag Archives: NAHB/Wells Fargo Housing Market Index (HMI)

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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Home Price Rise Begins to Slow in April

Although all 20 cities analyzed by S&P CoreLogic Case Shiller in its NSA Index notched double-digit price increases for the 12 months ending in April, home prices slid slightly compared to March’s totals.

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