Happy Halloween? Mortgage Rates Average 6.66%
Home buyers have lost about $107,000 in buying power since the beginning of the year—and that’s what’s truly scary.
NAR’s 2022 Good Neighbors: A Passion for Giving That Outlasted a Pandemic
Meet the five REALTORS® who were named this year’s winners, and learn how they went above and beyond for their communities in a dark time.
New Wire Fraud Scheme Exploits Virtual Meetings
Hackers can infiltrate online meeting platforms, posing as a legitimate party to a real estate transaction, and give your clients fraudulent wire instructions. Learn how to spot them.
Renovation Startup Revive Wins iOi Pitch Battle
The company, which enables home sellers to update their property with no upfront costs, was crowned at NAR’s annual technology conference.
Mortgage Rates Inch Closer to 7%
Buyers would be smart to shop around: The large dispersion in rate offerings among lenders could amount to several hundreds of dollars, Freddie Mac says.
FHA Moves to Include On-Time Rental Payments for First-Time Buyers
“If you’re regularly paying your rent on time, that’s a good indication you will also pay your mortgage on time,” says the Federal Housing commissioner.
NAR: ‘Decade-High Rates Deeply Cut Into Contract Signings’
Pending home sales are posting annual losses in the double-digits as home buyers continue to back away from the market due to surging mortgage rates.
Mortgage Rates Jump Even Higher After Fed Hike
The monthly mortgage payment on a $400,000 loan is about $2,470 compared to $1,660 a year ago, according to NAR.
NAR Helps White House Brainstorm Inventory Solutions
Leslie Rouda Smith, the association’s president, joins administration officials and other housing leaders to discuss a comprehensive plan to address shortages.
Existing-Home Sales Slip Again, Yun Blames Mortgage Rates
Still, homeowners are faring well, with property prices surging despite a pullback in buyer demand, says NAR’s chief economist.
Housing Starts Rebound, Builders Aim to Win Buyers Back
Despite an unexpected jump in new construction in September, demand for new homes is falling due to high prices and mortgage rates. Builders are lowering their asks to boost buyer traffic.
NAR Mentorship Program Helps Agents Discover New Niches
NAR Spire pairs real estate pros in underserved areas with experienced practitioners to help them find new business opportunities.
Mortgage Rates Top 6% for First Time Since 2008
Monthly mortgage payments are 60% higher than a year ago, according to NAR. Buyers can save by shopping around for different types of loans.
REALTORS® Are Donating More Money, Time to Charity
Real estate professionals are deepening their involvement in giving back to the communities, according to a new NAR report.
12 Tech Startups Vying for Glory in the Real Estate Space
At NAR’s iOi Summit this month, the annual Pitch Battle will aim to identify the next great innovation to help your business flourish.
Experts: Buyers Should Shop Around for a Mortgage as Rates Rise
Borrowers stand to save thousands by gathering multiple quotes from lenders.
Background, Credit Checks Are Fertile Ground for Lawsuits
Property managers and other real estate professionals must follow these steps to stay in compliance with federal and state consumer data regulations.
Mortgage Rates Rise Again, Nearing Affordability Threshold
If borrowing costs get just a little higher, the average household may be blocked from homeownership, warns an NAR economist.
10 REALTORS® You Should Want to Emulate
How this year’s finalists for NAR’s Good Neighbor Awards have accomplished extraordinary feats to improve their communities through volunteerism.
FSBOs Usually Soar in a Hot Market. Not This Time
Housing volatility is pushing more sellers to work with real estate pros rather than go it alone. Here’s how to capitalize on higher interest in your real estate services.
