Tag Archives: lock-in effect

Help clients get spring deals done with an assumable mortgage

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Get buyers off the fence and help sellers market their homes more effectively when you tap into the potential of assumable mortgages, Troy Palmquist writes. Continue reading →

Opendoor saw rising losses in Q4, but managed to boost revenue

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The iBuyer’s $1.1 billion in Q4 revenue wasn’t enough to offset a loss of $113 million. However, CEO Carrie Wheeler said the company entered 2025 as “a leaner, more efficient business.” Continue reading →

Wasted spaces, bad odors, crazy colors: 9 buyer turnoffs to avoid

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In this market, many buyers are choosing the most affordable homes with the fewest flaws, broker Jonathan Pressman writes. Use this list to avoid the ick factor and get deals done. Continue reading →

Fewer homeowners constrained by mortgage lock-in effect

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Two years ago, nine out of 10 mortgages had rates below 5 percent. Today, there are 5.8 million fewer sub-5 percent mortgages in the market and 1 in 4 borrowers has a higher rate. Continue reading →

Locked & Loaded: How the lock-in effect is impacting US consumers

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Homeowners with at least a 5 percent mortgage rate are three times more likely to enter the market soon as those with a sub-3.5 percent rate, according to results from Inman-Dig Insights’ latest consumer poll. Continue reading →

Inside the lock-in effect: Cheap mortgages weigh on US consumers

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Homeowners with at least a 5 percent mortgage rate are three times more likely to enter the market soon as those with a sub-3.5 percent rate, according to results from Inman-Dig Insights’ latest consumer poll. Continue reading →

New-home sales off to a roaring start with record January bump

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Loan applications for new-home purchases were up 19 percent from a year ago in January, according to an MBA survey of builders that’s been an accurate predictor of trends. Continue reading →

Sale-leaseback model is key to saving US homeownership: Study

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Volatile interest rates have trapped over 9 million homeowners from accessing their home equity, with limited refinancing or loan options. The white paper proposes sale-leaseback, highlighting EasyKnock’s Sell & Stay program as a flexible solution… Continue reading →

Rates will continue to fall in 2024, consumers say in record numbers

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A record number of consumers surveyed by Fannie Mae expect mortgage rates to keep falling, a “significant shift” in expectations that could free homeowners from the so-called “lock-in effect.” Continue reading →

Fannie Mae, MBA economists still expect mild 2024 recession

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The good news for real estate pros is that closely watched forecasts agree home sales will bottom in Q4 2023, and mortgage rates are looking ready to come down significantly next year. Continue reading →