Real Estate

NAR submitted comments to the Federal Housing Finance Agency (FHFA) regarding Fannie Mae and Freddie Mac’s (the GSEs) Duty to Serve Plans. FHFA requires the GSEs submit plans in three-year increments about how they are going to serve traditionally underserved markets, especially for rural housing, manufactured housing, and very low-, low-, and moderate-income consumers. The […]

Facts: The average 30-year fixed mortgage rate from Freddie Mac dropped to 6.35% this week from 6.46% last week. At 6.35%, with 20% down, a monthly mortgage payment on a home with a price of $400,000 is $1,991. With 10% down, the typical payment would be $2,240. Positive: This is the lowest that mortgage interest

©shapecharge / Getty It’s been a few years. You’ve had success as an agent, and now you’re considering the idea of opening your own brokerage. Or maybe you’re already a broker and eager to advance your career or the careers of those on your team. Before beginning on that path—or starting an agent down it—consider

Fox News According to Kevin Sears, the president of the NAR, there will be a couple of rules and changes implemented that will impact real estate professionals, along with both buyers and sellers. He said selling agents who list a home for sale on a Multiple Listing Service, known as MLS, will no longer be

Jodie Francisco, SRES, a real estate agent with Berkshire Hathaway HomeServices California Properties in Sherman Oaks, Calif., has always felt called to help solve the problem of homelessness. “My job is to house people, and it’s always bothered me that we have this huge homeless population—and it keeps getting bigger,” she says. “I’ve learned that homelessness is

The 2025 REALTOR® Party Training Conference will be part of NAR’s new Advocacy Week event, January 22-25, 2025, in Washington, D.C. Advocacy Week combines three signature Advocacy events: REALTOR® Party Training Conference, Public Policy Coordinating Committee Meeting, and the FPC Training. Source link

CNBC Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of 3.95 million units, according to the National Association of Realtors®. That was the first gain in four months. Sales were 2.5% lower compared with the same time last year. Sales saw the biggest gains

The Associated Press Sales of previously occupied U.S. homes ended a four-month slide in July as easing mortgage rates and a pickup in properties on the market encouraged home shoppers. Existing home sales rose 1.3% last month from June to a seasonally adjusted annual rate of 3.95 million, the National Association of Realtors® said Thursday.

CNN – CNN This Morning Weekend There are some new rules in place governing what happens when you buy or sell your home. The goal is to provide more transparency, competition and fairness in how homes are bought and sold. And the focus is on letting you know who is paying for what and that

The 2025 Public Policy Coordinating Committee Meeting will be part of NAR’s new Advocacy Week event, January 22-25, 2025, in Washington, D.C. Advocacy Week combines three signature Advocacy events: REALTOR® Party Training Conference, Public Policy Coordinating Committee Meeting, and the FPC Training. Source link