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Home sales in the New York suburbs are starting to cool off
Homesales in the New York City suburbs, where real estate activity exploded as people fled the city amid pandemic-related shutdowns, are starting to cool off.Permanent work from home is......

What is a conventional loan?
...your loan, regardless of your level of equity. Conventional loan rates Conventional mortgagerates can be based on economic and market conditions as well as your lender’s overhead, and change......

Current Mortgage Refinance Rates, November 6, 2020 | Rates tick lower
...see today’s average rates? Lenders nationwide respond to Bankrate’s weekday mortgagerates survey to bring you the most current rates available. Here you can see the latest marketplace average......

Current Mortgage Rates, November 6, 2020 | Rates move higher
Multiple key mortgagerates rose today. The average rates on 30-year fixed and 15-year fixed mortgages both moved up. The average rate on 5/1 adjustable-rate mortgages, or ARMs, the most popular......

Seattle Tech Courts Millennials Vying for Hip Housing
...eager to take advantage of historically low mortgagerates. SEATTLE—IHP Capital Partners and Intracorp......

What to do with your mortgage refinance savings
...your strategy. How to get the most out of your refinance When mortgagerates fall, it can be a good time to explore refinancing. Here are a few strategies to get the most savings as you compare......

Instant Reaction: Mortgage Rates, November 5, 2020
Mortgagerates hit another record low this week, for the twelfth time since the beginning of the year. Following the trend of the 10-year Treasury yields, the 30-year fixed-rate mortgage fell......

NAR Board to Vote on Hate Speech Proposal
...of a REALTOR®’s activities and revises the definition of “public trust.” NAR’s Board of Directors will vote on the measure at its Nov. 13 meeting, part of the 2020 REALTORS® Conference & Expo......

Jumbo, FHA Mortgage Rates Fall to Record Lows
...those “seeking conventionally and government loans,” Kan says. On the other hand, mortgageapplications to purchase a home dropped 1% last week. Applications are still more than 25% higher......

Home Sellers Stand to Gain More Equity This Winter
...continue to command higher home prices this winter—an unseasonable trend in the housingmarket. “Sellers will have the ball in their court, so to speak, as there are more buyers than sellers......

Home sales in the New York suburbs are past their pandemic peak
Homesales in the New York City suburbs, where real estate activity exploded as people fled the city amid pandemic-related shutdowns, are starting to cool off.In October, the number of......

Mortgage rates hit record low as election roils market, forecasts vary
...have thick margins so even if Treasury rates go up, I expect mortgagerates could go down further,” said Preetam Purohit, head of hedging and analytics and an assistant vice president with Embrace......

“No Surprises” Department: Fed Leaves Rates Alone, Keeps “Free Money” Policy In Place
...to be weighing a bit on the housing sector, even though 30-year mortgagerates remain barely above 3%. As for Financials, they’ve been building strength recently despite the yield drop this week......

Confront Discrimination in NAR’s New Simulation Training
...launch at fairhaven.realtor on Nov. 18. Sandra Butler, AHWD, chair of NAR's Fair Housing Policy Committee, discussed the goals of the program during the NAR 360 virtual presentation that kicked......

Mortgage rates hit a record low for the 12th time this year
Mortgagerates fell to another record low last week, for the twelfth time since the beginning of the year.The average interest rate on a 30-year fixed-rate mortgage dropped to 2......

Fidelity National's 3Q income rises as orders and fees increase
In the third quarter, FidelityNationalFinancial like its peers , benefited from the refinance-driven mortgage market. On a quarter-to-quarter basis, the company increased its opened and closed......

Former FDIC head Sheila Bair to chair Fannie Mae board
...taxpayer,” Bair said in a 2010 speech as the chair of the FDIC. “In the case of the mortgage GSEs, there are a variety of options for making some of their functions governmental while putting......

30-year mortgage rate falls again to a new record low, Freddie Mac reports
...With the U.S. economy in recession because of the coronavirus pandemic, mortgagerates have plunged. In  a separate survey of rates by Bankrate , the average 30-year rate edged up slightly......

MHN’s October 2020 Must-Reads
...have helped constrain multifamily development, according to a new report on the housingmarket by Marcus & Millichap. READ MORE Podcast: What to Know About California’s Prop. 21 California......

Equity-rich homes outnumber those seriously underwater nearly 5 to 1
...another pebble to the pile of markers showing that the U.S. housingmarket continues to defy the broad downturn in the economy this year," Todd Teta, Attom's chief product officer, said in the......

Current Refinance Rates, November 5, 2020 | Rates retreat
...to compare today’s rates? Lenders nationwide respond to Bankrate’s weekday mortgagerates survey to bring you the most up-to-date rates available. Here you can see the latest marketplace average......

How The Pandemic Changed Investors’ Appetite For Real Estate
...Finally, Generation Z, which is huge in numbers, is now entering the housingmarket and doing it by renting as the entry point. New multifamily properties tend to feature open green spaces......

Current Mortgage Rates, November 5, 2020 | Rates up
Several benchmark mortgagerates climbed today. The average rates on 30-year fixed and 15-year fixed mortgages both cruised higher. The average rate on 5/1 adjustable-rate mortgages, meanwhile......

Small Shoots of a Recovery in Commercial Real Estate Transactions in 2020 Q3
...smaller in the third quarter compared to the second quarter, according to NAR’s latest survey of its commercial members 1  and market data, as reported in the October 2020 Commercial Market Trends......

Raw Count of Home Sales During the Pandemic
...release, existing-home sales rose 21% in September from one year earlier while newhomesales rose 32%. These headline figures are seasonally adjusted and are reported in the news. To assess......

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