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Refinance rates drop for Saturday
Trend Index. Want to see where rates are right now? See local mortgage rates. Average mortgage rates Last week Last updated May 25, 2018. Methodology: The rates you see above are Bankrate......

CFPB’s Mulvaney plots HMDA rollback, but it may not matter
CFPB, and expanded the scope of information that lenders must report from mortgage applications. Consumer advocates say a critical concern is whether rescinding the added data fields will......

EU Data Privacy Rules May Have Limited Effect Here
and Europeans make up a large part of their traffic,” says Finley Maxson, NAR senior counsel.  Once official guidance is received from the Article 29 Working Party, NAR will release additional......

Are There New Homes on Sale?
as single-family home construction remains at a low level, so too will new home sales.” Source: “ Get One While You Can: New-Home Prices Have Fallen to a 12-Month Low ,” realtor.com® (May...

Mortgage Rates Haven’t Been This High in 7 Years
Mortgage rates were on the rise again this week, reaching their highest level since 2011. The 30-year fixed-rate mortgage rose six basis points last week to an average of 4.66......

Most lenders rely on alternative credit score data to assess risk
As mortgage lenders continue seeking ways get more trustworthy consumers into the housing market, a majority of them are utilizing alternative credit as a means of assessing borrower risk. About......

First time homebuyer purchases falter due to inventory shortage
priced between $250,000 and $300,000 rose 17% year-to-year. Also total home sales in the first quarter outpaced purchase originations for the first time since the same period in 2012, according......

April 2018 Existing-Home Sales
NAR released a summary of existing-home sales data showing that housing market activity this April fell 2.5 percent from last month and dropped 1.4 percent from last......

Massive Reversal: Google Home Sales Explode 483% To Beat Amazon For Smart Speaker Crown
...

Freddie Mac increases its 2018 mortgage origination forecast
s was unchanged from April. "While this spring's sudden rise in mortgage rates are taking up a good chunk of the conversation, it's the stubbornly low inventory levels in much of the country......

Housing crunch will grow if Atlanta lands Amazon's HQ2
— could initially be swamped by the tidal wave of demand. The housing market is already unbalanced, Rainey said. Adobe Stock Steady economic growth has produced strong demand for houses......

Mortgage rates move lower for Friday
Multiple benchmark mortgage rates decreased today. The average rates on 30-year fixed and 15-year fixed mortgages both fell. The average rate on 5/1 adjustable-rate mortgages, meanwhile, also......

Refinance rates dip for Friday
Trend Index. Want to see where rates are right now? See local mortgage rates. Average mortgage rates Last week Last updated May 24, 2018. Methodology: The rates you see above are Bankrate......

RPAC in Action
mid-May and to join our NYSAR RPAC colleagues as we met with NAR’s Federal Political Coordinator, Max Gurvitch, who handles legislative matters of interest to NAR, and specifically those affecting......

Meeting with Representative Faso
Federal Political Coordinator for Rep. John J. Faso NY-19 and Linda Page NAR Region 2 RVP explaining to Rep. Faso the strides New York State has made regarding Fair Housing and being the leader......

Rise in cash-out refi share is a sign of higher mortgage rates
The share of cash-out mortgage refinancings was its highest in nearly 10 years in the first quarter. But rather than being a case of consumers using their home as a piggybank, it is a sign of a......

Blend adds Ellie Mae integration for digital mortgage disclosures
of a consumer-direct point of sale system that enables automated borrower self-service mortgage applications, is introducing electronic disclosure delivery to its borrower interface in an effort......

Story Ideas: Consumers Want Sustainability in Real Estate
81 percent) and walkability (51 percent) stated as very or somewhat important. NAR President Elizabeth Mendenhall, a sixth-generation REALTOR® from Columbia, Missouri and CEO of RE/MAX Boone......

Sales Struggle to Overcome Housing Shortages
to meet the strong demand for buying a home,” says Lawrence Yun, NAR’s chief economist. “REALTORS® say the healthy economy and job market are keeping buyers in the market for now even as they......

Report: Outside Remodeling Projects Pay Off
well-manicured yard can be just as important as any indoor remodel,” says NAR President Elizabeth Mendenhall. “Even homeowners with no immediate plans to sell can gain more enjoyment and satisfaction......

NAR Policy is All About Appraiser Independence
The chair and co-chair of NAR’s Real Property Valuation Committee made a few remarks on video about NAR’s appraiser independence policy last week during the 2018 REALTORS® Legislative Meetings......

Mortgage interest rates 2018: Rates hit 7-year high, slow home sales
Mortgage rates have climbed to a new seven-year high and that’s starting to crimp home sales. The past week, the average 30-year fixed mortgage rate rose from 4.61% to......

Sales of existing homes fall as inventory woes continue
are tabulated when contracts get signed. "We are seeing no breakout in home sales," Lawrence Yun, NAR's chief economist, said at a press briefing accompanying the report. "We are stuck in......