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Instant Reaction: Mortgage Rates, May 16, 2024
Instant Reaction: Mortgage Rates, May 16, 2024 The 30-year fixed mortgage interest rate averaged 7.02% over the last week, remaining below the historical average of 7.74%. By: Jessica Lautz Mortgages & Home Financing
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Instant Reaction: Housing Starts, May 16, 2024
Instant Reaction: Housing Starts, May 16, 2024 Housing starts in April 2024 bounced back slightly with a monthly gain of 5.7% after a large 17% decline in March. By: Lawrence Yun
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FHFA Confirms GSEs’ Guidance on IPCs
The Federal Housing Finance Agency (FHFA) confirmed that buyers whose agent is compensated by the seller will continue to have access to financing through Fannie Mae and Freddie Mac.
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Second Century Ventures Announces Eight Companies for REACH LATAM 2024 Cohort
Eight Companies Announced for REACH LATAM 2024 Cohort Those selected for the 2024 program will join a portfolio of more than 250 technology companies across six major markets worldwide. Media Contact: Spencer High 202-383-1051 Real Estate Technology
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The REALTOR® to REALTOR® Series: Refocus on Using Your Voice for Your Clients, Industry
Listen as members explain why NAR’s advocacy machine, which has never once slowed down, is reason number one to be a REALTOR®.
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NAR Calls on Real Estate Technology Startups to Apply for Pitch Battle Competition
Applications Open for iOi Tech Pitch Battle Competition The competition allows tech start-ups to showcase real estate solutions while receiving the attention of investors, practitioners, and tech experts. Media Contact: Spencer High 202-383-1051 Real Estate Technology
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Single-Family Home Prices Had Gains in 92.3% of 221 Metro Areas in 2024 Q1
Q1 Single-family Home Prices Up in 92.3% of Metro Areas In Q1 2024, national median home prices rose 5.0% year over year to $389,400, with 28.5% of metro areas seeing double-digit price increases. By: Michael Hyman
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Mortgage Rates Push Housing Affordability Down in March 2024
Housing affordability fell nationally in March 2024 compared to the previous month, with monthly mortgage payments increasing by 2.8% and the median price of single-family homes rising 2.4%.