With The Holidays Here, Industry Leaders Share What They Are Grateful For
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With The Holidays Here, Industry Leaders Share What They Are Grateful For

ByTMN Editor Reading Time: 4 minutes

By KIMBERLEY HAAS Industry leaders are sharing their thoughts as 2022 winds down and they are expressing gratitude despite challenges in the current market. Bill Banfield, EVP of Capital Markets at Rocket Mortgage in Detroit, Michigan, said he appreciates the mental stimulation of navigating a tough market because people are forced to get creative in…

Rates Dip Under 7%, But “Serene Stretch” Likely To End In Coming Days
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Rates Dip Under 7%, But “Serene Stretch” Likely To End In Coming Days

ByTMN Editor Reading Time: 3 minutes

Mortgage interest rates softened last week after shooting above 7%, falling back to 6.95%, Freddie Mac reported Thursday. Freddie’s Primary Mortgage Market Survey found that the 30-year fixed-rate mortgage averaged 6.95%, down from 7.08% the week prior. A year ago at this time, the 30-year FRM averaged 3.09%. “Mortgage rates continue to hover around 7%,…

Fleeing To Florida For Freedom: Some Who Moved During Pandemic Were Seeking More Than Warmer Weather
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Fleeing To Florida For Freedom: Some Who Moved During Pandemic Were Seeking More Than Warmer Weather

ByTMN Editor Reading Time: 3 minutes

By KIMBERLEY HAAS A realtor who works in Florida says he has represented a number of buyers in the past two years that moved to the Sunshine State for more than its warm weather. They were escaping COVID pandemic restrictions, John Alestra, who works at Agile Group Realty in Tampa, said in a recent interview…

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