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Median home price hits new high: Remax
Rising demand and declining housing inventory are pushing home sales faster and at higher median prices than ever before, according to Remax. The nat......

House Sets Sights on Flood Insurance Extension
action and tell their congressional representatives to not let the NFIP lapse. NAR estimates that a lapse in the NFIP could result in about 40,000 fewer home sales per month. REALTORS® can......

Home Shoppers Get ‘Extra Time to Find the Right Home’
please download Firefox , Chrome , or Edge . July 20, 2018 © REALTOR® Magazine Mortgage rates dropped slightly this week, but overall, they were mostly flat......

The hard part of reg relief is just getting started
Insurance Corp., during a July 11 meeting with community bankers at the FDIC to discuss the implementation process. The required rulemakings include about 10 issued jointly by multiple agencies......

What We’re Reading: July 16-20
could go away . We accept this explanation . Abby Creitz NAR Web Content & Information Specialist More Posts...

Toledo area home sales roar back from recession
price in the region rose 3.8% to $122,500. In June, home sales in the Toledo area (Lucas and upper Wood counties) increased 3% compared to a year earlier. They totaled 680 closed sales. In......

Why So Many Cryptocurrencies Fail
your convenience. -- No Regulation. There's no approval needed by the FDIC, SEC, CFTC or any other watchdog. They launch them every day because they can do so without the red tape of conventional......

Refinance rates move lower for Friday
Trend Index. Want to see where rates are right now? See local mortgage rates. Average mortgage rates Last week Last updated July 19, 2018. Methodology: The rates you see above are Bankrate......

Risky behavior: 1 in 3 millennials dipped into 401(k) or IRA to finance home purchase
new survey from Bank of the West. Still, their rush into the housing market (42 percent said they own homes) and their decision to take on mortgage debt and dip into accounts earmarked for retirement......

Adjustable-rate mortgages: Learn the basics of ARMs
the five years before that rates were low and flat. See how mortgage rates compare between different loan types. Fixed-rate periods The most popular adjustable-rate mortgage is the 5/1......

Tips to Help Your Buyers Navigate a Cooling Market
your buyer clients trying to break into what can be a challenging housing market: The market doesn’t dictate how much you can afford. The market may change, but buyers should resist temptation......

Homebuilding Dips to 9-Month Low
to build homes at competitive price points, particularly for newcomers entering the housing market,” says Michael Neal, senior economist at the National Association of Home Builders. “Moreover......

REALTOR® Force Grows 6% as Rookies Flock to NAR
of members now have less than two years of experience. (Members of NAR account for about half of all active real estate licensees in the U.S.) “While inventory shortages continue and home......

Average mortgage rates cool off in the summer heat
Varied economic data caused mortgage rates to take a small step down, decreasing for the sixth time in the eight weeks since Memorial Day, according to Freddie Mac. 30-Year FRM 15-Year......

Twin Cities housing market still smiling on sellers
than June 2017. Though housing demand is strongest in the summer, the housing market in the Twin Cities has been on a monthly seesaw: Listings fall, then prices rise. That imbalance, however......

D.I.Y. Millennial Stock
Share to linkedin While rising interest rates are always a headwind, the housing market has remained healthy thanks in part to the fact that Millennials are buying dwellings at a faster clip......

Rockford area homes sales reach pre-recession levels
saw the largest monthly total of homes sold in the city's housing market in almost 11 years, according to Rockford Area Association of Realtors. There were 492 homes sold last month, up 6......

How Will The New Tax Law Shake Up The Housing Market?
but the effect should be limited. Another factor that may affect the housing market in specific regions: The new tax law places a $10,000 cap on the amount people can deduct on their state and......

Mortgage rates move down for Thursday
Multiple key mortgage rates slid lower today. The average rates on 30-year fixed and 15-year fixed mortgages both decreased. The average rate on 5/1 adjustable-rate mortgages, or ARMs, the most......

Refinance rates decline for Thursday
Trend Index. Want to see where rates are right now? See local mortgage rates. Average mortgage rates Last week Last updated July 18, 2018. Methodology: The rates you see above are Bankrate......

Top 6 DC Market Trends
amenities war is raging among second-generation Class A properties. The U.S. housing market is finally picking up speed. Cap rates continue their downward trend. The uptick in apartment absorption......

3 types of borrowers who can get a mortgage (but don’t think they can)
consumers should know before they close the door on homebuying. Borrowers with foreclosures on their record Foreclosure can make many would-be borrowers feel as if they’re benched from buying......

Fixed-rate mortgages: What they are, how they work
out the financing details, not so much. Even though housing prices and mortgage rates gyrate over time, one constant buyers can rely on to stay the same is a fixed-rate mortgage. What is a......

Mortgage rates slip as housing starts tumble
Scott Olson/ Mortgage rates across the board slid last week, giving buyers a bit of relief. The benchmark 30-year fixed-rate mortgage fell to 4.68 percent from 4.70 percent, according to Bankrate......

Amazon Sells 1M+ Smart Home Devices On Prime Day; Ring Smart Doorbell Sells Out
to facebook Share to twitter Share to linkedin had its biggest smart home sales day yesterday in history, selling over a million smart home devices, the company said. On pretty much the same......