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| Are Higher Mortgage Rates Scaring Off First-Time Homebuyers? |
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First-time homebuyers are shying away from their plans to purchase this spring, according to a recently released report by realtor.com®, due to the surge in mortgage rates in the last two months of 2016. Though rates have deflated since the end of the year, they remain hovering above 4 percent—high enough to scare off first-timers this spring, now down to 44 percent from 55 percent in October. ...
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Knowing what the law says about disclosure is an important part of the real estate sales process. You need to be aware of what you are expected to disclose to potential buyers, both to avoid breaking any laws and to help you better plan your sales process. Of course, as a real estate agent, you want to
