Appraisals: When Demand Outpaces the Market – American Liberty Mortgage, Inc. – Orlando, Florida

In the doomsday scenario, foreign investors get spooked and demand higher interest rates to continue bankrolling American profligacy. minded people like me get anxious about. Cut my home mortgage.

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Mortgage rates have been dropping for the past few months, with a 30-year fixed falling to 4% recently according to FreddieMac. And now there’s the possibility that the Fed will lower interest rates.

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With a recovering real estate market and pent up demand, the market is heating up and purchase transaction activity has increased. That said, many Buyers are wringing their hands when faced with a big decision if the appraisal comes in lower than the contract price they agreed to.

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