NAR Commends White House Extension of Forbearance and Foreclosure Protections
White House Extends Forbearance, Foreclosure Protection NAR supports the Biden administration’s efforts to protect housing for millions of vulnerable Americans as the COVID-19 pandemic continues. Media Contact: Wesley Shaw 202-383-1193 Short Sales & Foreclosures, Coronavirus
NAR Supports HUD Secretary Designee
NAR submitted a letter to the Senate Banking Committee supporting the nomination of Representative Marcia Fudge to be the Secretary of the Department of Housing and Urban Development. www.nar.realtor – Fair Housing
All Metro Areas Saw Home Prices Rise During Fourth Quarter of 2020
Placeholder Eighty-eight percent of the metros followed (161 areas) saw double-digit price increases. Media Contact: Quintin Simmons 202-383-1178
MBS RECAP: Snowball Selling in Bonds After Mid-Week Rally Fizzles
Posted To: MBS Commentary Snowball Selling in Bonds After Mid-Week Rally Fizzles We were looking for a friendly correction in bonds this week and it arrived on Tuesday and Wednesday. Those sorts of corrections run the risk of being 2-day affairs and that is unfortunately shaping up to be the case this time around (a […]
Weekly Retail Update: February 12, 2021
Unfortunately for malls, especially class C and D traditionally enclosed shopping centers for which account for majority of all U.S. malls, there are substantial retail space vacancies. www.nar.realtor – Research
NAR Applauds HUD for Protecting LGBTQ Civil Rights
NAR Applauds HUD for Protecting LGBTQ Civil Rights NAR applauded HUD’s announcement that it will enforce the Fair Housing Act to prohibit discrimination based on sexual orientation and gender… Media Contact: Patrick Newton 202-383-1290 Fair Housing Act
Mortgage Rules Toughen Up for Condos in Vacation Hot Spots
The new rules could make it tougher for some buyers to get a mortgage on condos in resort areas. www.nar.realtor – Vacation, Resort, and Second Homes
Layoffs Continue to Drop to the Lowest Level Within the Last Two Months
The number of people seeking unemployment benefits fell further for third straight week to the lowest level in the last couple of months. It seems that the worst months for the labor market could be behind us. www.nar.realtor – Research
Expirations Help Forbearance Numbers; Rates Under Pressure Despite Weak Jobs Report
Economic data is traditionally one of the key contributors to interest rate movement. Of the regularly-scheduled reports, none has more market-moving street cred than The Employment Situation–otherwise known as “the jobs report” or simply NFP (due to its headline component: Non-Farm Payrolls). The relationship between econ data and rates can wax and wane. Covid definitely […]
Second Century Ventures Announces Inaugural REACH UK Class
Inaugural REACH UK Class Announced REACH UK launches its Class of 2021 with support from strategic industry partner NAEA Propertymark. Media Contact: Wesley Shaw 202-383-1193