Changes in Loan Applications and NAR Membership Give a Glimpse Into Housing Demand Trends
Overall, the number of mortgage loan applications has been steadily increasing since 2010, but recent events caused a sharp decline in the numbers from 2021, even though the count of …
Flood Insurance Extended in Last-Minute Funding Deal
Congress averts a government shutdown and a lapse of the National Flood Insurance Program after NAR makes a massive advocacy push …
Breaking News: NFIP Extended in Last-Minute Funding Deal
Following a massive advocacy blitz by the National Association of REALTORS®—which included a rare nationwide call to action—Congress passed a last-minute spending deal Saturday to avert a government shutdown and …
Take Action: Tell Congress To Extend the National Flood Insurance Program Now
The National Flood Insurance Program is set to expire at midnight on September 30th. A lapse would disrupt the purchase of flood insurance in more than 20,000 communities across the …
Pending Sales Decline in August 2023 to the Lowest Since April 2020
Pending Sales Decline in August 2023 August’s pending home sales pace declined 7.1% from last month and fell 18.7% from a year ago. By: Michael Hyman …
August 2023 Existing-Home Sales Fall as Home Prices Increase with Mortgage Rates
August 2023 Existing-Home Sales Fall, Prices Increase Housing market activity this August declined 0.7% from July 2023 to a 4.04 million seasonally adjusted annual rate. By: Michael Hyman …
Senate Committee Approves SAFE Banking Act
This legislation creates a safe harbor for financial institutions in states that have legalized cannabis to accept funds derived from cannabis businesses. Learn more …
Contract Signings Dive as Higher Mortgage Rates Sideline Buyers
Pending home sales fell last month as house hunters struggled against rising costs. Read more from NAR’s latest home sales report …
Instant Reaction: Mortgage Rates, September 28, 2023
Instant Reaction: Mortgage Rates, September 28, 2023 The 30-year fixed rose this week to 7.31% from 7.19%, the highest level since December 15, 2020. By: Jessica Lautz Mortgages & Home …
Pending Home Sales Tumbled 7.1% in August
Pending Home Sales Tumbled 7.1% in August Pending home sales fell 7.1% in August 2023, with rising mortgage rates and low inventory reducing the pool of home buyers. Media Contact: …