A report highlights housing supply issues and how a multifaceted approach could be key to improving housing equity as well. Continue reading….
Archive by Author
Pending Home Sales Tumble as More Buyers Get Priced Out
Housing affordability is becoming a bigger obstacle in the housing market. Homes were 80% more expensive in June than they were in 2019. Read more. Continue reading….
Mortgage Rates Rise Ahead of Fed’s Big Announcement
The Federal Reserve is expected to raise its key benchmark rate this coming week. What impact could it have on mortgage rates? Continue reading….
Yun to Lawmakers: Market Won’t Improve Without Action on Supply
The inventory crunch will continue to chip away at affordability and sideline more buyers unless Congress enacts policies to boost housing production, NAR’s chief economist testifies on Capitol Hill. Continue reading….
Existing-Home Prices Hit New Record as Sales Slow
Nearly every region of the country saw a major decline in real estate transactions last month as more buyers are priced out of the market, new NAR data shows. Continue reading….
Single-Family Construction Is Going Soft
Rising costs are dampening buyers’ appetite for new homes, data shows. Continue reading….
Your Vulnerability to a Cyberattack Could Land You in Court
A data breach also may cost you money and ruin your reputation. An NAR attorney helps you build a strong data security plan in the latest “Window to the Law.” Continue reading….
Affordability, Inventory Issues Block Foreign Investors, Too
U.S. home purchases by international buyers are at their lowest level on record, new NAR data shows. But there’s reason to believe in a comeback. Continue reading….
Mortgage and refinance rates today, July 12, 2022
Today’s mortgage and refinance rates Average mortgage rates fell moderately yesterday. The change barely made a dent in the last three business day’s rises. But it took those rates a […] Continue reading
One good reason to refinance at a higher interest rate (Podcast)
Normally, homeowners refinance to get a lower rate. But there may be one good reason to refinance even if your rate goes up. Continue reading