All Posts in Tag: financing

It bears repeating…

I posted this about a month ago, but just had a presentation to a Seller yesterday and pulled this up as an example. Because they are so low, interest rates have a greater impact on affordability than either appreciation or depreciation factors at this point. Every 1% change in interest rate impacts affordability by 11%….

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February Financing Updates

Good news for our local market! For those of you that do not follow me on Twitter, here is a recap of financing changes over the last week designed to help move some inventory. Last Friday, Jan 29th, Fannie Mae announced it would pay up to 3.5% of Buyers closing costs for purchases of foreclosed…

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