Top Headlines
NAR Interim CEO Nykia Wright Named Permanent Chief Executive
Her appointment makes history as the organization’s first woman and first Black chief executive. Continue Reading NAR Interim CEO Nykia Wright Named Permanent Chief Executive
Keep Government Out of Real Estate with Market-Driven Solutions: John G. Stevens’ Perspective
Ronald Reagan once said, “The nine most terrifying words in the English language are: I’m from the Government, and I’m here to help.” Continue Reading Keep Government Out of Real Estate with Market-Driven Solutions: John G. Stevens’ Perspective
Hoax Letters Claim Biden is Seizing Private Property for Migrant Housing
The letters outlined how residents needed to reconfigure their property to shelter the illegals. Continue Reading Hoax Letters Claim Biden is Seizing Private Property for Migrant Housing
Salvatore Troia Joins NNN Pro as CFO
Troia most recently served as CFO at Douglas Elliman Real Estate. Continue Reading Salvatore Troia Joins NNN Pro as CFO
Alexandria Keser Named Managing Director at Bear Real Estate Advisors
Keser joined the company at its founding in 2018 as director of operations. Continue Reading Alexandria Keser Named Managing Director at Bear Real Estate Advisors
‘A ray of hope’: As mortgage rates fall for a fourth week, experts say homes may soon become affordable again — even if volatility is here to stay
Source: Yahoo! --- Mortgage rates are continuing their downward trend as investors keep a lookout for more signs of cooling inflation. “This week, labor cost data provided a ray of hope as it showed that hourly compensation was lower than previously reported in the...
Best Mortgage Lenders For First-Time Homebuyers
Source: Next Advisor --- Buying a house for the first time can put a strain on your budget. Fortunately, first-time homebuyer programs can ease the pressure by offering some form of financial assistance. Considering how much home prices have increased in the past few...
What is a commercial mortgage? Learn everything in this article!
Source: MPA Mag --- You have been running a successful business for a couple years, but you need to either update your current commercial real estate property or buy a new one. This is where a commercial mortgage comes in. These types of mortgages are like...
3 smart times to refinance your mortgage
Source: CBS News --- When you first bought your home, there's a good chance you took out a long mortgage, like a 30-year fixed-rate loan. While that might have felt like almost a lifelong decision, the reality is that homeowners can often change their mortgages by...
Mortgage rates hit lowest point since September
Source: Yahoo! Money --- Mortgage rates retreated further this week, hitting their lowest point since September, but economic uncertainty continues to weaken homebuyer demand. The rate on the average 30-year fixed mortgage declined to 6.33% this week from 6.49% the...
Mortgage Rates Are Falling Fast But Homebuyers Aren’t Biting
Source: Forbes --- Mortgage rates have dipped for a fourth straight week, notching their biggest extended decline in 14 years. Despite the tumbling rates, demand for loans remains weak, with homebuyers looking for more incentives to jump back into the market. The...
Mortgage rates fall for the fourth week in a row
Source: CNN --- Mortgage rates dipped again this week, dropping for the fourth week in a row. The 30-year fixed-rate mortgage averaged 6.33% in the week ending December 8, down from 6.49% the week before, according to Freddie Mac. A year ago, the 30-year fixed rate...
Fitch Ratings reveals how much US house prices will drop in 2023
Source: MPA Mag --- US home prices are set to fall by 5% next year in line with substantial price falls in housing markets across the globe, according to a new report by Fitch Ratings. The ‘Global Housing and Mortgage Outlook – 2023’, which analyzed housing markets...
How does mortgage refinancing work?
Source: CBS News --- Refinancing your mortgage can be a great way to save money and improve your personal finances. With a refinancing, you replace your current mortgage with a new loan. The refi loan is used to pay off your old mortgage, and then you move forward...
Mortgage rates dropping as interest hikes could soon slow: Freddie Mac
Source: Fox Business --- The average 30-year mortgage rate decreased this week for the third consecutive week as markets gain confidence that interest rate spikes will slow in 2023, according to a new report by Freddie Mac. The average 30-year fixed-rate mortgage...
