Meeting the Moment: How NAR Has Supported Its Members Through the Crisis
Moments of crisis are when associations have the opportunity to shine, and 2020 has given NAR multiple moments to support our members and their businesses. Join NAR CEO Bob Goldberg as he highlights the NAR response and the way forward for REALTOR® leaders. Recorded Wednesday, August 19, 2020 as part of Leadership Summit. www.nar.realtor – Fair […]
Top 5 Least Expensive Vacation Home Destinations
Vacation homes can cost less than $ 100,000 in these counties in Maine, New York, Pennsylvania, Missouri, and Michigan. www.nar.realtor – Vacation, Resort, and Second Homes
BLS: July Unemployment rates down in 30 states; 3 States at New Series Highs
From the BLS: Regional and State Employment and Unemployment Summary Unemployment rates were lower in July in 30 states, higher in 9 states, and stable in 11 states and the District of Columbia , the U.S. Bureau of Labor Statistics reported today. All 50 states and the District had jobless rate increases from a year […]
Existing-Home Sales Continue Record Pace, Soar 24.7% in July
Existing-Home Sales Soar 24.7% in July Each of the four major regions attained double-digit, month-over-month increases, with the Northeast and West seeing the greatest sales growth. Media Contact: Quintin Simmons 202-383-1178
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