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The number of home sales across the U.S. declined 3.4% in July. the lowest level since the fall of 2016, according to mortgage loan company Freddie Mac. “Even though we’ve seen increased interest.
Federal regulators are proposing to increase the threshold at which residential home sales require an appraisal for the first time since 1994. It’s important to note that this rule would not apply to.
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Certain home sales of $400,000 and under may soon not need an appraisal. Now, it’s important to note that the new rules do not apply to loans wholly or partially insured or guaranteed by, or.
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