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Q1 Mortgage Origination Activity at 23-Year Low
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Mark Paul Cervantes
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On the refinance side, only 407,956 mortgages were rolled over into new ones – the smallest amount this century. The post Q1 Mortgage Origination Activity at 23-Year Low appeared first on Weekly Real Estate News.
A surge in mortgage rates and elevated home prices dampened California’s housing affordability in fourth-quarter 2022, C.A.R. reports
February 9, 2023
Mariel Alumit
Weely Real Estate News
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Feb. 9, 2023 (Staff Writer)- A rapid rise in mortgage interest rates depressed housing affordability in California during the fourth quarter of 2022 and pushed the statewide affordability index for an existing, single-family home to […]
9 Steps to Getting the Perfect Mortgage as Rates Rise
September 6, 2022
Stu Turley
Weely Real Estate News
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Source: The Motley Fool — During the heart of the pandemic, qualifying for an affordable loan was pretty easy for most home buyers. Rates repeatedly hit record lows and it was possible to get a […]