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Equity motivates more sellers: HomeLight survey shows that a rapid rise in equity is encouraging sellers to list their homes and they expect to make a profit; 87% say they expect more than 1 offer. Read more
Mortgage rates hit 5% for first time since 2011: NAR has forecast home sales activity to drop about 10% in 2022. Read more
Wells Fargo commits $210M to racial equity in wake of criticism: Bank will spend $150 million to lower rates and costs in refis for Black homeowners. Read more
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