Stable
NAR Forecasts 4.78 Million Existing-Home Sales, Stable Prices in 2023
2023: 4.78 Million Existing-Home Sales, Stable Prices NAR’s Chief Economist, Lawrence Yun, unveiled the association’s forecast for 2023 during NAR’s fourth annual year-end Real Estate Forecast Summit. Media Contact: Troy Green 202-383-1042
Broker Confidence Remains Stable, Despite New Challenges and Continued Uncertainties
The first quarter of 2022 has been anything but predictable. This is true for business and society at large. The year is still young, but it has already seen geopolitical turmoil, rollercoaster economics, entertainment follies and busted brackets. And that was just March. But, real estate, too, has certainly had its share of ups and […]
Mortgage Rates Are Low and Stable, But Face Bigger Risks Tomorrow
Mortgage rates moved lower today, bringing the average lender to the best levels since late February. Despite the milestone, the day-over-day movement in rates has been pretty mild. Most lenders are making changes that are only noticeable in the form of upfront costs (aka “points”) as opposed to rates themselves. If we use upfront costs […]
FHA Will Keep Mortgage Insurance Fund Rates Stable
The newly installed Secretary of the Department of Housing and Urban Development (HUD) released her first quarterly report on the agency to Congress on Tuesday. A key point regarded the Federal Housing Administration’s Single Family Mutual Mortgage Insurance (MMI) Fund. Secretary Marcia L. Fudge said the fund has remained resilient despite the financial challenges faced […]