Since rates peaked in the early 1980s, there have been six Fed hiking cycles. Those cycles have lasted about 20 months on average. So far, we're 13 months into this one, and markets think we have just one hike left.

Today's reports... •  Appraisal innovations from ValueConnect •  The latest from RateLand (Click links above for stories) This & That * Market turn: Canada's national average home price has increased 12.1% (over $74,000) in just two months. "...The supply issue is still with us," says

Central bankers are pushing back on 2023 rate cut expectations. And they're succeeding. As of Friday's close, market expectations are now down to just a 4 in 10 chance of BoC easing this year, and only a single 25 bps rate cut at that. Following last

Back in the day, appraisers dealt with only a handful of lenders. Today they deal with dozens. That means appraisers must know far more lender specifications, like how old comparables can be, what sort of comps to use, etc. All these different lender rules boost the chances appraisers will get