Residential Real Estate
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 […]
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
Being the Change in Old Town Tacoma
See how Anne and Dave Jones of Windemere Abode leverage their distinct life experiences to expand homeownership, and their business, in Old Town Tacoma. www.nar.realtor – Fair Housing
400,000 Homeowners Enter Final Month in Forbearance; Conventional Loans Dominating Market Share
Black Knight estimates that nearly 630,000 forbearance plans, more than one-third of those currently active, are slated for review this month. Of those, 400,000 will have reached the end of their 18 months of forbearance eligibility unless the maximum term is extended again. The end of August saw a significant decline in forbearance numbers as […]
400,000 Homeowners Enter Final Month in Forbearance
Black Knight estimates that nearly 630,000 forbearance plans, more than one-third of those currently active, are slated for review this month. Of those, 400,000 will have reached the end of their 18 months of forbearance eligibility unless the maximum term is extended again. The end of August saw a significant decline in forbearance numbers as […]
Mortgage Rates Relatively Unharmed, Despite Unexpected Moves in Bonds
It was a busy week for economic data with several reports that were pertinent to the housing market. In addition to being the perennial top dog among economic reports, this Friday’s jobs report was especially important due to its role in the Federal Reserve’s decision-making process. The Fed is widely expected to announce a forthcoming […]
Realtors® Encouraged by White House Plan to Expand Housing Supply
REALTORS® Encouraged by Plan to Expand Housing Supply The administration is working to address the housing supply crisis and prevent expansion of corporate landlords at the expense of homeownership. Media Contact: Wesley Shaw 202-383-1193
Mortgage Rates Drift Up From Recent Lows
Posted To: Mortgage Rate Watch Mortgage rates were unchanged to slightly higher today, depending on the lender. The differences in pricing strategies stem from the timing of changes in the bond market. Mortgage lenders set their rates based on the prices of mortgage-backed securities (MBS), which change constantly throughout the day. Despite those changes, there’s […]
Being the Change in Downtown Durham
Courtney James of Urban Durham build her business and invests in the community of downtown Durham by working with first-time homebuyers of color. www.nar.realtor – Fair Housing
Mayor Lori Lightfoot Joins NAR as It Unveils Redeveloped Chicago Headquarters
NAR Unveils Redeveloped Chicago Headquarters The renovations employed over 150 businesses and added $ 50 million into the economies of the city of Chicago and the state of Illinois. Media Contact: Wesley Shaw 202-383-1193