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
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
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
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 […]
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
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 […]