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Instant Reaction: Mortgage Rates, April 25, 2024
Mortgage interest rates for the week sit at an average of 7.17%, and may show little dramatic downward movement any time soon.
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Pending Home Sales Ascended 3.4% in March
NAR forecasts 4.46 million existing-home sales in 2024, a 9% increase from 2023.
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Kevin Sears: Update From The Road at Broker Summit
Exclusive insights and updates from NAR President Kevin Sears.
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FinCEN Renews Its Geographic Targeting Orders (GTOs)
The Geographic Targeting Orders (GTOs) require U.S. title companies to identify and report information regarding beneficial owners when companies are used to purchase residential real estate.
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NAR Submits Comment on FinCEN Proposed Rule
NAR submitted a formal comment on the Financial Crime Enforcement Network’s (FinCEN) notice of proposed rulemaking regarding Anti-Money Laundering Regulations for Residential Real Estate Transfers.
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NAR Property Rights Wins at Supreme Court
In the span of just a few days, NAR and property owners won two decisive victories at the Supreme Court in support of property rights.
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Housing Affordability Weakened in February 2024
Housing Affordability Weakened in February 2024 Housing affordability fell nationally in February 2024, the monthly mortgage payment decreased 3%, and the median single-family home price fell 1.5%. By: Michael Hyman
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Home Sales Tumble, But There’s Hope for a Turnaround
Consumer sentiment for home buying and selling is growing despite recent headwinds.