Residential Real Estate
Restaurant industry loses jobs for the first time since April as new restrictions hit employment
The restaurant industry lost jobs for the first time since April as new restrictions to fight the coronavirus pandemic weighed on sales….(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
Mortgage Rates Well-Protected From Jobs Report Volatility
Posted To: Mortgage Rate Watch Tomorrow brings the month’s most important economic report: the Employment Situation, often referred to simply as “the jobs report.” No other piece of economic data has remotely the same track record of inspiring movement in the bond market (which, in turn, inspires movement in interest rates). But not all interest […]
Rates Surprisingly Steady Despite Market Drama; Home Price Gains Break 6 yr Record
Like many industries, housing finance has a superficial layer that’s fairly easy to understand for the average consumer. A person wants a home. They don’t want to pay cash. They get a loan. Lower rates = lower payments. The end. Shortly below that superficial layer of understanding, where a surprisingly high percentage of mortgage professionals […]
DIY Projects You’ll Want to Show Off
Having a ‘swoon-worthy’ room in your home that can be shown off on Instagram is almost as important as actually enjoying the space. www.nar.realtor – Real Estate Story Ideas
NAR Raises Concerns with FHFA Final Rule Governing GSE’s Required Capital Structures
NAR Raises Concerns About FHFA Final Rule NAR remains concerned that the proposed rule could significantly raise costs for consumers, force GSEs to assume greater risk, and undermine reforms. Media Contact: Wesley Shaw 202-383-1193 Fannie Mae & Freddie Mac (GSEs)
NAR Launches “First-Time Buyer” Streaming Video Series on ROKU
NAR Launches “First-Time Buyer” Streaming Video Series The eight-part series showcases REALTOR® value and will stream on Roku, YouTube, and Facebook. Media Contact: Wesley Shaw 202-383-1193
With FHFA Release of 2021 Loan Limits, NAR Urges Improved Access to Safe, Affordable Financing
FHFA Releases 2021 Loan Limits GSE loan limits now sit at $ 548,250, while an announcement from the Federal Housing Administration is expected in the coming weeks. Media Contact: Wesley Shaw 202-383-1193 Fannie Mae & Freddie Mac (GSEs)
October 2020 NAR SentriLock Home Showings Report
The new October 2020 NAR SentriLock Home Showings Report indicates that there was a slight decrease in nationwide foot traffic on a month-over-month basis, but showings activity remain at elevated levels with respect to year-over-year activity. www.nar.realtor – Research
Chicago Fed National Activity “Index Suggests Economic Growth Increased in October”
Note: This is a composite index of other data. From the Chicago Fed: Index Suggests Economic Growth Increased in October Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) increased to +0.83 in October from +0.32 in September. Three of the four broad categories of indicators used to construct the index […]
Weekly Retail Update: November 20, 2020
Temporary retail store closures experienced earlier in the year have returned. www.nar.realtor – Research