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Real Estate News

MBS RECAP: Token Improvement After Auction; Early Close

Posted To: MBS Commentary

NOTE: Bond markets close at 2pm Eastern today and normal trading hours resume on Friday. There was not much to write home about in today's session, especially considering the short amount of time that's passed between now and the mid-day update. We were ...

Mortgage Rates Match December Highs

Posted To: Mortgage Rate Watch

Mortgage rates continued higher today as lenders opted for typically conservative holiday pricing strategies. The bond markets that most directly influence mortgage rates improved slightly from yesterday's precipitous weakness. Normally, those underlying market ...

Do's and Don'ts for Prospective Home Buyers: Christmas Edition

Posted To: Community Commentary

Here's a special Christmas edition of Do's and Don'ts for prospective buyers or refinancing homeowners embarking on, or already engaged in the mortgage process. In case it needs to be said, the "Don'ts" are strictly for comedy (though many are based on real ...

MBS MID-DAY: Bond Markets Continue Pouting Ahead of 7yr Auction

Posted To: MBS Commentary

The last potentially notable event on today's calendar is the 7yr Treasury Auction coming up at 11:30am. 7yr auctions aren't typically something markets care much about, and today's is only really worth mentioning on a relative basis--that is to say, ...

Freddie Mac's Housing Market Remains Weak

Posted To: MND NewsWire

Just under one third of the states plus the District of Columbia are now in what is considered a "stable" range on Freddie Mc's Multi-Indicator Market Index® or MiMi. The index, a monthly evaluation of the U.S. housing market compared to its long-term stable range, ...

FHA MIP Under Fire; Ellie Insight Report; Lender 1st New England Bankrupt;

Posted To: Pipeline Press

As you may have guessed, there is no logical correlation between whether there is snow in Boston on Christmas and the performance of the stock market. Any incidence of a white Christmas in Boston and bullish market performance in the following year are purely ...

Mortgage Apps Rise Modestly on Lower Rates

Posted To: MND NewsWire

There was a slight increase in mortgage application volume during the week ended December 19 as interest rates for the most commonly originated mortgages continued to inch down. It was the last full business week of the year and the last time this year the Mortgage ...

MBS Day Ahead: Some Solace from the Season; Wheel Keeps on Spinning

Posted To: MBS Commentary

The thing about the big holiday weeks (Thanksgiving and Christmas) is that even though we can discount most of what's happening in terms of volatility, we can't ever be sure that "what's happening" won't end up being in line with the ...

Existing-Home Sales Lose Momentum in November as Inventory Slightly Tightens

WASHINGTON (December 22, 2014) – After hitting their highest level of the year, existing-home sales slid in November as housing supply showed some tightening, according to the National Association of Realtors®. All major regions experienced a decline in sales compared to a month ...

CREA & NAR Win Rights to .MLS Top-Level Domain

CHICAGO (December 18, 2014) – The Canadian Real Estate Association, in cooperation with the National Association of Realtors®, has secured the rights to the .MLS top-level domain. CREA has registered Canadian certification marks for the letters MLS and the term “multiple listing ...

Realtors® Disappointed Senate Failed to Reauthorize Federal Terrorism Risk Insurance Program

WASHINGTON (December 17, 2014) – The following is a statement by National Association of Realtors® President Chris Polychron:

“The U.S. Senate’s alarming failure to renew the federal terrorism risk insurance program before adjournment will stall commercial real ...

Realtors® Applaud Final Passage of Legislation to Extend Key Real Estate Tax Provisions

WASHINGTON (December 17, 2014) – The following is a statement by National Association of Realtors® President Chris Polychron:

“The package of tax extensions approved by the U.S. House and Senate, and headed to the President’s desk for signature, ...

NAR Identifies Top Metro Areas Poised for Uptick in Baby Boomer Home Sales

WASHINGTON (December 10, 2014) – Metro areas with a lower cost of living and sunnier weather are poised to see an increased number of baby boomers moving in and buying a home as some delay retirement and remain participants in the labor market, according to new research by ...

Realtors® Call for Policy Changes to Aid First-Time Buyers, Strengthen Housing Market

WASHINGTON (December 9, 2014) – Congress and the administration must address key policy issues in order to facilitate a healthy real estate market that serves current and future homeowners and drives the national economy forward, said the National Association of Realtors® today in ...

Pending Home Sales Slow in October but Remain Higher Than a Year Ago

WASHINGTON (November 26, 2014)—Pending home sales declined in October but remained at a healthy level of activity and are above year-over-year levels for the second straight month, according to the National Association of Realtors®.

The Pending Home Sales Index,* a ...

Commercial Real Estate Demand is Holding Steady Despite Overseas Concerns

WASHINGTON (November 24, 2014) – Despite a slowing global economy, forward economic momentum in the U.S. should keep commercial real estate activity on firmer footing, according to the National Association of Realtors® quarterly commercial real estate forecast.

Lawrence Yun, NAR ...

Existing-Home Sales Rise in October, First Year-Over-Year Increase since October 2013

WASHINGTON (November 20, 2014) – Existing-home sales rose in October for the second straight month and are now above year-over-year levels for the first time in a year, according to the National Association of Realtors®.

Total existing-home sales1, which are completed ...

New REALTOR Benefits® Partner Provides Exclusive Member Pricing and Features on Customizable Websites

WASHINGTON (November 19, 2014) –  Technology has transformed the way real estate professionals do business, and establishing an online presence is essential to connecting with and marketing to potential clients. To help members build and maintain their online identity, the National ...

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