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Instant Reaction: Mortgage Rates, May 2, 2024
Instant Reaction: Mortgage Rates, May 2, 2024 At 7.22%, the 30-year mortgage interest rate has hit its highest point since November 2023; rates are unlikely to move down soon. By: Jessica Lautz Mortgages & Home Financing
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REALTORS® Continue Giving Back, Despite Market Headwinds
Despite facing market challenges like historically low inventory, heightened mortgage rates, and the lowest annual sales since 1995, REALTORS® remained committed to giving back to the communities they serve.
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Center for REALTOR® Development Partners with Shaping Wealth to Empower Agents with Human-Centric Training Suite
CRD Partners With Shaping Wealth To Empower Agents CRD’s partnership with Shaping Wealth will enhances NAR members’ ability to serve their clients with empathy, integrity and professionalism. Media Contact: Spencer High 202-383-1051
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April 2024 Commercial Real Estate Market Insights
In the first quarter of 2024, vacancy rates were on the rise and rent growth continued to decelerate across all market sectors.
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NAR Applauds HUD and GSEs for New Appraisal Reconsideration Process
NAR Applauds GSEs and FHA for New Appraisal Process The new process allows consumers to more readily obtain a second look at appraisals when they disagree with them. Media Contact: Tori Syrek Appraisal & Valuation
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Real Estate’s Impact on the Economy by the Numbers: A State-by-State Analysis
Real Estate’s Impact on State Economies by the Numbers The housing sector is a significant contributor to gross domestic product (GDP) through construction, home sales, and renovations.
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Behind Recent Legal Wins, REALTOR® Advocacy Was at Work
NAR’s advocacy team has quietly supported major litigation that is critical to real estate—including two recent victories at the Supreme Court.
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Realtors®’ Charitable Giving and Volunteering Increased Last Year
Realtors®’ Charitable Giving and Volunteering Increased Monthly volunteering and monetary donations by REALTORS® both increased in 2023, demonstrating REALTORS®’ continued dedication to giving back. Media Contact: Lauren Cozzi 202-383-1178 Community Outreach