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. Continue reading….
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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. Continue reading….
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. Continue reading….
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. Continue reading….
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. Continue reading….
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. Continue reading….
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. Continue reading….
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. Continue reading….
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. Continue reading….
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. Continue reading….