Mortgage refinance demand jumps 19% after rates hit lowest level since July
Consumer Price Index Sees Small Rise in November
Inflation saw a small rise again in November, following no changes in October. After the recent pause in rate hikes from the Fed, this reading is in line with economist predictions that the Fed could continue the pause, and possibly halt rate hikes altogether. The Consumer Price Index saw 0.1% increase in its November reading.…
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Chinese property developer Country Garden reportedly set to avert yuan bond default
How Much Does It Cost to Build a Luxury Home?
Building a luxury home is a dream for many, but the path to turning that dream into reality involves careful planning and a thorough understanding of the costs involved. Whether you envision a sprawling mansion with breathtaking views or a modern oasis with cutting-edge amenities, the cost of building a luxury home can vary significantly.…
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The Federal Reserve could achieve a soft landing after all. Here's what that would mean for you
Want to buy property in the UK? Now could be the right time, experts say
Trump writes on social media he no longer plans to testify in civil fraud trial on Monday
Buying property in Asia? Real estate specialists give their investment tips
2023 was the least affordable homebuying year in at least 11 years, Redfin says
Happy Halloween? Mortgage Rates Average 6.66%
Home buyers have lost about $107,000 in buying power since the beginning of the year—and that’s what’s truly scary.
NAR’s 2022 Good Neighbors: A Passion for Giving That Outlasted a Pandemic
Meet the five REALTORS® who were named this year’s winners, and learn how they went above and beyond for their communities in a dark time.
New Wire Fraud Scheme Exploits Virtual Meetings
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.
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.
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.
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.
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.
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.
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.
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.
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.