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What’s Ahead For Mortgage Rates This Week – May 24, 2021

May 24, 2021 by bobelliot

Last week’s economic reporting included readings from the National Association of Home Builders, data on sales of existing homes, and reports on housing starts and building permits issued. Weekly readings on mortgage rates and jobless claims were also released. NAHB: Home Builder Confidence Unchanged in May The National Association of Read More

Posted in Mortgage Outlook Tagged housing, jobless claims

Forbearance Numbers Are Lower than Expected

August 20, 2020August 20, 2020 by bobelliot

Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine the Read More

Posted in Housing Market Tagged financial reports, forbearance, housing

Why the Housing Market Is a Powerful Economic Driver

April 30, 2020 by bobelliot

With businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can have a major impact on the recovery of the U.S. economy. As we’ve mentioned before, buying a home is a driving financial force in this process. Today, many analysts believe Read More

Posted in Home Market Trends Tagged housing, market trends, real estate

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Bob Elliot
eXp Realty
612.868.5500
bob@mnresteam.com
7700 France Ave S, Edina, MN
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