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Mortgage rates dropped from over 7% to 6.6% this week on better-than-expected inflation news, bringing some hope to prospective buyers. The largest weekly drop in mortgage rates in 40 years, along with the slowest annual home-price growth since the start of the pandemic, is providing some relief for would-be homebuyers’ budgets, Redfin reports.
Last week’s better-than-expected inflation report led to the biggest single-day mortgage-rate drop on record and the largest weekly drop since 1981,
There seems to be a consensus among appraisal reviewers that the appraiser should not average the adjusted sales prices of their comparables in order to
When was the last time you, the appraiser, thought about what placing a comparable sale on the 1004 form’s sales grid really communicates to your
Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Appraisers, and surfers, have varying levels of
Question: “My state board recently charged me with authoring a misleading report. I got the client to write a letter to the state indicating my
