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Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.
Chris Frankie
Feds Raise Appraisals Threshold to $400,000
- Wednesday, 09 October 2019
Federal banking agencies have announced a rule that raises the floor for home sales requiring an appraisal from $250,000 to $400,000. So reports Financial Regulation News.
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U.S. Unemployment Falls to Lowest Level Since 1969
- Friday, 11 October 2019
The rate of unemployment in America has fallen to 3.5%, a 50-year low, according to U.S. government figures. So reports MarketWatch.
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Homeowner Equity Hits All-time High in Q2
- Tuesday, 01 October 2019
Homeowners have piled up record sums of potential cash amid climbing home prices and cautious borrowing. So reports CNBC.
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