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Tag Archives: Orphe Divounguy

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 Investor Sentiment Remains Positive

As the nationwide housing shortage continues, an analysis of data from New Western has found that 80% of surveyed investors are selling homes at or above the asking price after renovating the properties.

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