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Economy Why You Might Not Want to Get too Excited (or Nervous) About a Housing Crash   Why You Might Not Want to Get too Excited (or Nervous) About a Housing Crash Rising interest rates and slightly lower demand in the market has caused many people to believe that a housing crash is imminent. Despite some signs that the market is slowing down, you shouldn’t get too worried or excited about […]
Economy Why Lumber And Plywood Prices Are So High—And When They Will Come Down Written By Bill Conerly (Forbes) Lumber and plywood prices have jumped through the roof in the U.S. Building materials prices will retreat in 2022, returning to pre-pandemic levels by 2023. They reflect housing-specific issues, not general inflation. Wood products prices typically fluctuate more than most goods, because homebuilding can move up or down much faster […]
Economy Mortgage rates fall to 5.10% in biggest drop since 2020 MARKETS & ECONOMY Mortgage rates fall to 5.10% in biggest drop since 2020 Rates on 30-year fixed-rate mortgages have dropped 20 basis points in two weeks, the most dramatic decline since April 2020   BY BEN VERDE May 26, 2022 Bottom of Form Mortgage rates decreased for the second week in a row, according to a […]
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