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Bankers Are Scared, But Buyers Shouldn’t Be. Understanding "Know Before You Owe"

Bankers Are Scared, But Buyers Shouldn’t Be. Understanding "Know Before You Owe"

  New rules on mortgages take effect today. They’ve been years in the making and inspired much hand-wringing by bankers and real estate professionals. The changes are a big win for homebuyers, but expect some bumpiness for the next[...]
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What if Mortgage Rates Hit 5 Percent? Homebuyers Say They’ll Cope

What if Mortgage Rates Hit 5 Percent? Homebuyers Say They’ll Cope

If it gets more expensive to borrow, will homebuyers drop out of the housing market? Not likely. Rising mortgage rates — or the fear of them — barely registered in a recent Redfin survey. Fewer than 5 percent of buyers listed rising[...]
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2015 Homebuyer and Seller Survey

2015 Homebuyer and Seller Survey

To better understand consumers’ perspectives about the real estate industry, Redfin commissioned SurveyMonkey Audience to conduct an independent survey of 2,134 Americans who bought and/or sold a home in the past two years.[...]
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The Fed Needs Wool Socks; Why A Rate Hike Might Be Better for Housing

Last week, homebuyers gave a collective shrug to higher mortgage rates. Not that rates are higher. They’re not. They will be, but house hunters have more important things to worry about. Not so much the Fed. This week, Janet Yellen &[...]
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Mortgage Rate Watch: Does the Fed Matter?

Mortgage Rate Watch: Does the Fed Matter?

Today we go on rate watch. We’re a month from the Federal Reserve’s next meeting, where they might decide to raise interest rates for the first time since 2006. Between now and then, let’s check in every week to see what mortgage rates[...]
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