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Refinance rates move up for Saturday
Trend Index. Want to see where rates are right now? See local mortgage rates. Average mortgage rates Last week Last updated February 23, 2018. Methodology: The rates you see above are......

What Happened to the Condo Market?
week . But sales are still 4.6 percent below a year ago. NAR reports that the national existing condo price was $231,600 in January, 7.1 percent higher than a year ago.  A stronger demand......

Mortgage Rates Still Climbing, Not Fading
upwards week to week. This marks the seventh consecutive week for higher mortgage rates, and rates continue to be at a four-year high. “Fixed mortgage rates increased for the seventh consecutive......

Is the home affordability crisis overstated?
A consumer's home purchasing power is also based on changes in mortgage rates, and as they decline, house-buying power goes up. Consumer house-buying power, based on income and interest rates......

What We’re Reading: February 19-23
use help dealing with distractions in the office? Abby Creitz NAR Web Content & Information Specialist More Posts...

Mortgage payments get back on track after Harvey and Irma
Hurricane-related delinquencies are subsiding somewhat, and pre-storm foreclosures that were put on hold are resuming. Serious delinquencies of 90 or more days were down by 19,000 compared......

January 2018 Existing-Home Sales
NAR released a summary of existing-home sales data showing that housing market activity this January fell 3.2 percent from last month and dipped 4.8 percent from last year. January......

Five Tips To Keep In Mind When Shopping For A Mortgage
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Home sales up in Northwest Indiana, prices rise even more
of 5.38 million is the slowest since September. Adobe Stock The NAR's chief economist, Lawrence Yun, blames any sluggishness on low inventory, a common refrain for more than a year. "The......

Refinance mortgage rate falls for Friday
Trend Index. Want to see where rates are right now? See local mortgage rates. Average mortgage rates Last week Last updated February 22, 2018. Methodology: The rates you see above are......

Looking For Hot Rental Investment Properties: Here's Where To Look
into the HouseCanary Rental Investment Index. “In this new normal of the housing market activity all market participants will have to be vigilant for these micro opportunities. “For example, we......

Residential construction jobs creep up, but no help for entry-level homebuyers
Paul Bishop, vice president of research for the National Association of Realtors (NAR). “We’re quite a ways away from where we need to be to satisfy all that pent-up demand,” he says. “The......

Walmart goes upscale to sell home goods online
is a fast-growing market with strong demand ... partly thanks to the robust housing market,'' Saunders says. Also "home, and in particular furniture, is one of the areas where Amazon has been......

3 Tech Benefits Helping New NAR Members Get Started
By NAR’s REALTOR Benefits® team You have many choices to make as a real estate professional—especially when it comes to investing in yourself and your new business. NAR’s REALTOR Benefits®......

IRS: HELOCs Still Deductible for Renovations
mortgage when the proceeds are used to substantially improve their residence,” said NAR President Elizabeth Mendenhall. “There has been much confusion on this issue, and the continued deductibility......

Spring May Not Be Pretty for First-Time Buyers
latest housing report from the National Association of REALTORS®. Read more: 2018 Home Sales Off to a Sluggish Start “First-time buyers are typically people with a tighter budget,” says......

Environmental Hazards Don’t Quell Price Hikes
environmental hazard risk are appreciating at a faster pace than the overall housing market in the past year and over the last decade, according to ATTOM Data Solutions’ 2017 Environmental Hazards......

REALTORS® Confidence Index Survey: January 2018 Highlights
2018 survey was sent to 50,000 REALTORS® who were selected from NAR’s 1.3 million members through simple random sampling and to 7,120 respondents in the previous three surveys who provided their......

Could a spike in IRS budget solve income-verification problems?
Express Service, which lenders fear could lead to long delays in processing mortgage applications during peak periods. The Treasury Department wants an increase in the IRS budget to help implement......

Mortgage rates rise for seventh week on inflation fears
year ago at this time, the 30-year fixed-rate mortgage averaged 4.16%. "Mortgage rates have followed U.S. Treasuries higher in anticipation of higher rates of inflation and further monetary......