Residential Real Estate

NAR Comments on HUD’s Interim Final AFFH Rule

NAR submitted a comment on HUD’s interim final rule, Restoring Affirmatively Furthering Fair Housing Definitions and Certifications. www.nar.realtor – Fair Housing

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NAR Congratulates the Bipartisan Policy Center for Launching the J. Ronald Terwilliger Center for Housing Policy

NAR Congratulates the Bipartisan Policy Center NAR looks forward to collaborating with Ron and the Bipartisan Policy Center to ensure every American is afforded access to homeownership. Media Contact:  Tori Syrek

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The Fed will try to soothe markets Wednesday, while preparing investors for end to bond buying

After Monday’s market turbulence, the Fed’s challenge will be to sound reassuring while acknowledging it is getting ready to move away from its easy policy….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Around The Web

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Window to the Law: Housing Vouchers and Fair Housing

Recent lawsuits alleging source of income discrimination for rejecting Section 8 tenants illustrate the importance of understanding and complying with state and local fair housing laws in addition to the federal Fair Housing Act. These best practices can help guide real estate professionals in this area. www.nar.realtor – Fair Housing

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Metro Area Wealth Gains as of 2021 Q2: Typical Gain of $349,000 Over 30 Years

Homeownership is a key pathway to building wealth and narrowing the racial income and wealth inequality gap. Housing wealth (equity) accumulation takes time, and is built up by price appreciation and paying off the mortgage. www.nar.realtor – Research

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Student Loan Debt Holding Back Majority of Millennials from Homeownership

Student Loan Debt Is Curbing Millennial Homeownership Americans with high student debt often must choose between retirement investment, buying a home, getting married, starting a family, or saving money. Media Contact:  Tori Syrek

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Mortgage Rates Start Stronger But Moved Higher During The Day

Posted To: Mortgage Rate Watch Mortgage rates began the day with promise. Actually, it was the underlying bond market (which largely dictates mortgage rates) was sending promising signals by apparently building on the bigger improvements seen on Tuesday. This is exactly what mortgage lenders needed in order to feel comfortable setting rates at even lower […]

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Homebuilders’ Local Opportunity Index

National Association of REALTORS® has created the Homebuilders’ Local Opportunity Index (HLOI), which measures both short-term and long-term opportunities for homebuilders at the local level, with the purpose of identifying the areas where homebuilders can build more homes with less risk for their business. www.nar.realtor – Research

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Huge Forbearance Decline; Rate Reckoning; Lenders’ Profit Outlook

With interest rates expected to rise and most homeowners who could benefit from refinancing having done so, mortgage bankers are not expecting the sometimes record profits of the last year or so to continue. Fannie Mae’s third quarter Mortgage Lender Sentiment Survey (MLSS) found just short of a majority of respondents expecting their profit margins […]

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Being the Change in Tacoma

Margeurite Martin uses her platform as a real estate blogger, podcaster, and referral agent to engage with issues of equity and fair housing. www.nar.realtor – Fair Housing

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