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
Why first-time home buyers should look at older houses: Expert Q&A
Real estate and lending expert Michael Bourque explains why older housing is better and cheaper than new-builds for first-time home buyers. Continue reading
Mortgage and refinance rates today, July 13, 2022
Today’s mortgage and refinance rates Average mortgage rates fell again yesterday, though only moderately. And those rates are roughly back to where they were last Thursday and at the end […] Continue reading
Mortgage and refinance rates today, July 14, 2022
Today’s mortgage and refinance rates Average mortgage rates just inched higher yesterday. That was a real surprise because they began that morning moving strongly higher. So far this morning, it’s […] Continue reading