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Top News In Innovative Showcase Today - Breaking & Trending Today

Jessup-based Acme Paper & Supply hosts annual Innovation Showcase

Jessup-based Acme Paper & Supply hosts annual Innovation Showcase
thedailyrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailyrecord.com Daily Mail and Mail on Sunday newspapers.

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Home Affordability, Vendor Services; Capital Markets; Latest CPI

With the Fed set to end its MBS purchases tomorrow, removing free money from the MBS market, where do you think home affordability will go from here? Mortgage rates are already at their highest levels since 2008 and in theory, a large buyer exiting the space should push MBS prices down and thus mortgage rates up. As one California mortgage executive wrote to me, “Home prices ran up 20 to 30 percent for two years, as Fed Chair Powell could not figure how to get his foot off the accelerator. There are good borrowers and good LTVs out there, but most have been priced out of the market with home values rising 20 percent per year. Take the free money away, and none of this is sustainable.” There is debate about if the Fed’s actions have created some sort of housing bubble. It remains to be seen whether home prices work their way lower, we see no price increases for a couple of years, or the pace of appreciation merely moderates. Helping affordability, more lenders are r ....

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SBCA and NCF Frame House in One Day to Show Benefits of Manufactured Framing Products

SBCA and NCF Frame House in One Day to Show Benefits of Manufactured Framing Products
builderonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from builderonline.com Daily Mail and Mail on Sunday newspapers.

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