LOS ANGELES – Mortgage rates haven’t been this attractive in more than a year, good news for homeowners eager to refinance. Many homeowners have already jumped at the opportunity to lower their monthly payment, spurring a surge in mortgage refinancing applications. And that was before the average rate on a 30-year mortgage fell this […]
FORT LAUDERDALE, Fla. – Broward housing experts said they will create a public “scorecard” within the next few months that will help local government keep track of their efforts to tame the affordable housing crisis – and see how neighboring cities fare. Ralph Stone, Broward County’s director of the Housing Finance Division, said cities […]
SEATTLE – Lower mortgage rates and rising inventory are giving home buyers a window of opportunity at an unusual time of year, according to the latest market report from Zillow. Affordability has improved substantially for home buyers, and competition among them could extend into the fall instead of fading away as is typical at […]
WASHINGTON – Bipartisan efforts to ban TikTok nationwide will be scrutinized Monday by a federal appeals court tasked with weighing whether axing the social media giant’s U.S. presence runs afoul of the First Amendment. The social media platform and a group of content creators have sued over a new law that could ban the […]
WASHINGTON – American consumers and home buyers, businesspeople and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it’s cutting its key interest rate from a two-decade peak. It’s likely to be just the first in a series of rate cuts that should make […]
News & Media By Melissa Dittmann Tracey CHICAGO – Members of the National Association of Realtors® have reported receiving deceptive mailers that mimic invoices and claim to offer web domains with the .realestate address. The mailers are not being sent by NAR and are coming from DomainNetworks.com, according to a warning posted on the […]
News & Media ORLANDO, Fla. – This week, Florida Realtors will host two webinars to help Realtors® navigate the recent industry changes and gain key insights to strengthen buyer trust. In addition, the National Association of Realtors® released a new Consumer Guide that further demonstrates the value of working with a Realtor. Links to […]
News & Media NEW YORK – Renovations that make homeowners and residents of a home happy are always worth the investment. Though it’s certainly true that projects that create more functional, usable space and add comfort and convenience are worth the price, such renovations are even more beneficial if they provide a good return […]
News & Media By Melissa Dittmann Tracey CHICAGO – Members of the National Association of Realtors® have reported receiving deceptive mailers that mimic invoices and claim to offer web domains with the .realestate address. The mailers are not being sent by NAR and are coming from DomainNetworks.com, according to a warning posted on the […]
News & Media SEATTLE – Mortgage-rate locks for second homes fell 13.1% year over year in August to the lowest level since March 2016 on a seasonally adjusted basis, according to a new report from the brokerage Redfin. By comparison, mortgage-rate locks for primary homes declined 5.2%. Rate locks for second homes were down […]
WASHINGTON – The Federal Reserve has kept its interest rates unchanged for over a year. However, this is expected to change in the coming week. The economy has consistently indicated that it may no longer need the cooling effects of high interest rates. Inflation has dropped below 3%, while job creation has slowed to […]
News & Media By Christopher Rugaber WASHINGTON — Americans’ outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such as cars and furniture. The University of Michigan’s consumer sentiment index ticked up to 69 in its preliminary reading, from 67.9 in August and its […]