According to Business Insider, Credit Suisse analyst Daniel Oppenheim says real estate agents are “widely citing increased buyer urgency due to the combination of persistent inventory shortages (driving prices higher) and signs of mortgage rates moving higher.”
Buyers become urgent as mortgage rates inch up
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New appraisal bias protections apply to reverse mortgage program: FHA
HUD and FHA made clear in statements to RMD that recent appraisal bias protections apply to all forward and reverse mortgage programs.