National Association of Realtors® Announces 2021 Leadership Academy Class
NAR Announces 2021 Leadership Academy Class Twenty-five Realtors® will participate in the program designed to prepare emerging state and local volunteers for leadership positions at NAR. Media Contact: Wesley Shaw 202-383-1193
New Refinancing Fee Could Roil Mortgage Market
New Refinancing Fee Could Roil Mortgage Market This fee could cost homeowners thousands of dollars, which will destabilize the market and take away opportunity. Media Contact: Patrick Newton 202-383-1290 Fannie Mae & Freddie Mac (GSEs)
Still Reeling From Last Week, Mortgage Rates Tiptoe Lower
Mortgage rates managed to improve modestly for the average lender today, but they remain significantly higher than they were before last week’s regulatory drama . By the time we consider the size, scope, and the precipitous imposition of the new refi fee, we’ve never seen anything remotely similar. Lenders were definitely taken by surprise and […]
Thinking Refi? Read this First !
Posted To: Community Commentary With rates near all-time lows, millions of homeowners are frantically refinancing. Borrowers often think the only pertinent question is “ how much can I drop my rate? ”, when there’s other as (or more) important factors involved. Let’s look at some of those, and make more informed decisions on refinancing: What […]
Forbearances Decline for Second Week; Rates Are Not 1.99%
Two entities, Black Knight and the Mortgage Bankers Association (MBA) have been tracking loans in forbearance plans since the start of the pandemic. They have diverged a bit in their numbers over the last half year, but both agree, in their most recent reports, that there are now fewer than 4 million borrowers in plans. […]
Coronavirus relief stalemate could drag on for weeks
Progress toward a coronavirus aid deal in Washington is nonexistent as millions wait to see whether they can afford food and housing….(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
NAR Partners with State, Local Realtor® Associations on Vacant and Abandoned Property Prevention
NAR Works to Prevent Vacant and Abandoned Property A four-part webinar series explores the work of REALTORS® and local government officials in the prevention of property vacancy and abandonment. Media Contact: Wesley Shaw 202-383-1193
Trick or Treat Safety Rules for Homeowners
Using bright outdoor lights, LED lights instead of candles, and friction tape on steps to prevent slips will help make Halloween safer for everyone. www.nar.realtor – Real Estate Story Ideas
The Rate Also Rises
Posted To: Mortgage Rate Watch Years from now when scientists examine mortgage rates in July 2020, they’d be forgiven for coming to the conclusion that rates only ever move lower. As we’ve learned in the first week of August, rates also rise. To be fair, there were a few days in July where more than […]
Homebuyer Sentiment Continues Previous Decline
Fannie Mae’s Home Purchase Sentiment Index (HPSI) faltered a bit in July as it tried to recover from its 29.5-point aggregate plunge in March and April. The index, derived from six questions on the National Housing Survey (NHS), decreased 2.3 points in July to 74.2. Three of the components deceased from June levels, led by […]