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A FOR SALE sign is displayed outside a property on Madison Ave. in Toronto.
Interest-only mortgages were much more strictly regulated after the financial crisis, but now higher-income borrowers are turning to them as home prices stay high.
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Thomas Lee Tom Lee Fundstrat
Mortgage rates could fall as low as 4.75% next year, according to Fundstrat's head of research Tom Lee.
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Home for sale
2023 was the least affordable housing market on record, Redfin said.
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golden age housing
Home builders could see a new "golden age" next year, according to one real estate veteran.
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New house under construction, front view from garage door entry with clouds blue sky
Home building and housing sector sentiment is on the rise.
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home for sale expensive
The Federal Reserve's rate cut outlook is already being felt in mortgage rates.