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NAR Comments on HUD’s Interim Final AFFH Rule
NAR submitted a comment on HUD’s interim final rule, Restoring Affirmatively Furthering Fair Housing Definitions and Certifications. www.nar.realtor – Fair Housing
Homebuilder Comments in Mid-May: “Reducing Sales, Limiting Sales”
Some twitter comments from Rick Palacios Jr. , Director of Research at John Burns Real Estate Consulting Here’s May mid-month home builder channel check I hinted at earlier. Builders are pushing prices w/little pushback, though some starting. Some builders are using price escalators & highest/best offer. Many limiting pre-sales, shifting to spec, & pricing home […]
Mortgage Rates Surge After Powell Comments
Posted To: Mortgage Rate Watch Mortgage rates jumped quickly today after Q&A session with Federal Reserve Chair Jerome Powell. What did he say to cause such drama? Actually, it’s more about what he didn’t say. For some reason, market participants were expecting (or at least hoping) that Powell would say something to address the recent […]
NAR Submits Comments to VA on Allowable Fees; Urges GSEs and Regulators to Confirm Support for Buyer Financing
In ongoing efforts to address housing policy and lending concerns surrounding the recent National Association of REALTORS®’ (NAR) settlement, NAR issued two letters this week to both the Department of Veterans Affairs (VA), GSEs and regulators. The letter to GSEs was also sent on behalf of the Mortgage Bankers Association (MBA), delivered to the Federal… […]