By ERIN FLYNN JAY Holiday home shoppers who are sensitive to mortgage interest rates near 8% may resist the idea of buying before Thanksgiving, hoping that Santa Claus brings relief, but is waiting until Christmas the answer this season? On Wednesday, the Federal Reserve held its target range for the federal funds rate at 5.25%…
The Mortgage Note’s team has been tracking the housing crunch as low inventory, coupled with high interest rates, creates challenges for homebuyers and mortgage professionals. Editor Kimberley Haas interviewed industry leaders to learn more about what they are seeing and what products are being offered for this podcast. If you would like to participate in…
Tennessee now has more than seven million residents and a senior loan officer who works in the eastern half of the state says inventory and affordability issues have hit the communities he serves. According to U.S. Census Bureau information, the population of Tennessee grew by 2% between April 1, 2020, and July 1, 2022. The…
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