The average monthly mortgage payment has fallen 12% reduction in just two months as high borrowing costs moderate, says NAR Chief Economist. Continue reading….

A contracting economy typically means a recession, but other economic indicators are likely to mitigate the effects of the slowing economy, says NAR’s chief economist. Continue reading….

REALTOR® associations and an MLS band together in the Chicago area to bring more tech innovation to its members. Continue reading….

Record-high home prices, declining consumer confidence and fears of recession are taking their toll on aspiring homeowners. Continue reading….

A housing slowdown precipitated by low inventory and rising mortgage rates will open opportunities for some buyers, NAR Chief Economist Lawrence Yun predicts. Continue reading….

The market has mostly priced in current and future Fed actions, so mortgage rates shouldn’t rise dramatically, says NAR Chief Economist Lawrence Yun. Continue reading….

Passage by the House sets the stage for a Senate vote on NAR efforts to bring more real estate transactions into the digital age. Continue reading….

A report highlights housing supply issues and how a multifaceted approach could be key to improving housing equity as well. Continue reading….

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….

The Federal Reserve is expected to raise its key benchmark rate this coming week. What impact could it have on mortgage rates? Continue reading….