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The lock-in effect is keeping homes off the market. How long will it last?
Bankrate via Yahoo Finance· 6 days agoRate locks are often a wise move for borrowers, but they’re not...confused with the lock-in effect....
Looking to buy a home? More houses are on the market, but rising mortgage rates a hurdle
Winston-Salem Journal· 6 days agoMortgage rates have been mostly ticking higher lately, but it’s not all bad news for home shoppers....
Struggling to buy a home? A new 40-year mortgage might help
NBC 10 Providence· 3 days agoThe prices of homes are on the rise in Fresno County, California, up 45% in just the last four...
Rocket Mortgage inks $3.5M overtime pay settlement with bankers
HR Dive· 4 days agoRocket Mortgage has agreed to pay $3.5 million to settle claims brought by a group of current and former mortgage bankers that the company ...
Home prices stay elevated as inventory lags: Redfin
HousingWire via Yahoo Finance· 3 days agoMany homeowners, reluctant to exchange their current low mortgage rates for higher ones in pursuit of larger or upgraded homes, are staying put. “Move..