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First-Time Homebuyers To Miss Out Amid Real Estate Investor Craze

The share of U.S. homes purchased by investors recently hit its highest level in at least 21 years, according to Attom Data Solutions. Demand from investors has driven the recovery, but the resulting competition and price growth has adversely impacted first-time homebuyers. ‘”[F]uture growth in the housing market will continue to be largely in the … Read more

What Will Happen To Mortgage Rates In 2017

Rates are likely to hit 4.5 percent to 5 percent next year. This could put pressure on buyers to act; there are usually options open to buyers for working around higher rates, but buyers in high-priced markets will have more problems. It could also stymie the existing-home sale market as sellers decide to stay put … Read more