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2022 Year End Market Report

I had to do a double take on this one. We’ve all heard the lack of inventory this year but the above chart highlights just how low the inventory has been. One of the biggest reasons for the inventory shortage is the under production of new single-family homes for the past 13 years. The chart […]

Lower Than Expected Inflation Numbers

A great start to the week for mortgage rates fueled by lower than expected inflation numbers. Year over year inflation only increased by 7.7% instead of 7.9% which was expected by economists. Even though that number still is way too high it gives more weight to the theory that inflation peaked at 9.1% back in […]