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Foreclosures fell to record low in 2020 — with a huge asterisk
Despite a deep recession, the U.S. housing market in 2020 set a record for the fewest foreclosures ever. Just 214,323 properties were in some stage of foreclosure last year, well below the......

An overhaul for Fannie and Freddie: What it would mean for mortgage borrowers
...money flowing. The National Association of Realtors supports the utility-like arrangement. Under NAR’s proposal , Fannie and Freddie would operate as regulated monopolies, the housing sector......

Land and Industrial: Brightest Spots for Commercial Real Estate
...transactions volume in the fourth quarter contracted on average by 2% year-over-over. NAR commercial members’ transactions are typically below $2.5 million (small commercial ma......

Instant Reaction: Mortgage Rates, January 21, 2021
Mortgage rates fell slightly this week as mortgage applications decreased. Specifically, the 30-year fixed mortgage rate dropped to 2.77% from 2.79% the previous week. With a new stimulus package......

Uptick in Costs, COVID-19 Cases Shakes Builder Confidence
...for new homes remains high nevertheless. “Despite robust housing demand and low mortgage rates, buyers are facing a dearth of new homes on the market, which is exacerbating affordability problems......

Biden Extends Eviction Moratorium to March 2021
...groups advocating for rental assistance to also help the nation’s landlords. NAR and other industry groups have argued that a federal eviction moratorium without rental assistance would lead......

2020 was a year for the books for the Central Texas housing market
2020 was another banner year for the Austin-area housing market, the Austin Board of Realtors said Thursday. For the 10th straight year, annual home sales in Central Texas and the median price......

Mortgage rates down slightly this week over global health concerns
After last week’s spike, mortgage rates dropped back to near historic lows, as broader worries about the pandemic and the economy came back to the fore for investors. The 30-year fixed-rate......

30-Year Interest Rates for January 21, 2021 | Rates slide
...include information about every financial or credit product or service. 30-year fixed mortgage rates The average rate for a 30-year fixed-rate mortgage is 2.88 percent, dropping 2 basis......

Compare Today’s Mortgage Rates January 21st, 2021 | Rates decline
Multiple closely watched mortgage rates slid lower today. The average rates on 30-year fixed and 15-year fixed mortgages both slid down. On the variable-mortgage side, the average rate on 5/1......

Housing starts rose to fastest pace since 2006 in December
...million rate in November. The figures are the latest sign of the housing market’s strong rebound. The Federal Reserve’s ultra-easy monetary policy has helped push mortgage rates to record lows......

30-year fixed mortgage rates take a tiny dip, says Freddie Mac
...With the U.S. economy sagging because of the coronavirus pandemic,  mortgage rates  plunged in 2020. Experts have long anticipated that this trend would slowly start to reverse in 2021. In ......

Tech Stocks Lift Nasdaq To New High While Broader Market Stalls On Still-Grim Jobs Data
...week, but still stubbornly above prepandemic levels. On the other hand, the housing market is still booming, with new data showing that housing starts climbed 5% year over year in December......

Meet Octave: 2020 MHN Excellence Gold Winner for ‘Development & Design in Student Housing’
...2019 as one of the newest residential offerings amid an older student housing market, it was already 90 percent leased. Read more about all the winners....

A Mental Model For Tech And Real Estate
...tech platforms that create a more efficient and fluid marketplace for residential home sales. In this category, owners should consider which of these emerging proptech companies will impact their......

Mortgage rates slip as new administration begins
...does not include information about every financial or credit product or service. Mortgage rates  fell ever so slightly this week, according to a Bankrate survey released Wednesday. The dip......

MBA Congratulates President Joe Biden and Vice President Kamala Harris on Their Inauguration Jan 20, 2021
...Congress on the opportunities and challenges facing our beloved nation.   "The housing market has been a bright spot in the uneven economic recovery from the COVID-19 pandemic. Our immediate......

30-year mortgage rate slips as new president takes office
...10 Change from last week: -$0.89 -$2.32 -$3.51 Where mortgage rates are headed Mortgage experts were mixed on rate trend predictions in Bankrate’s survey this week (Jan. 20-26). Some......

5/1 adjustable-rate mortgage falls to new record low
...does not include information about every financial or credit product or service. Mortgage rates across the board are hovering around historic lows, but the 5/1 adjustable-rate mortgage (ARM......

FHFA Extends Foreclosure, Eviction Moratorium Through February
...For the fifth time, the Federal Housing Finance Agency is extending single-family foreclosures and real estate–owned eviction moratoriums on properties backed by Fannie Mae and Freddie Mac, the......

Real Estate Pros Pick 2021's 7 Biggest Housing Issues
...give more Americans added job security and the confidence to enter the housing market. 3. Some homes will be lost to foreclosure. Forty percent of real estate agents believe that the end......

Biden Sworn In, With Real Estate on Agenda
...REALTORS® are as diverse as the nation and consumers they serve," NAR President Charlie Oppler said in a statement following the inaugural address. "I was heartened by President Biden's call......

Realtors® Call for 2021 Applications for its Volunteering Works Grant and Mentoring Program
...entry form, visit nar.realtor/gna and click on “Nominate.” Applicants must be NAR members.  “NAR is proud to support Realtors® who give back by starting charitable projects,” said NAR President......

Mortgage experts evenly split on where rates will go next week
...as good as theirs ! (Except they are experts.) Where experts see mortgage rates going next week “It should surprise nobody that rates will continue to drop with the new explosion of unemployment......

Compare Today’s Mortgage Rates January 20th, 2021 : Rates slide
Multiple key mortgage rates declined today. The average rates on 30-year fixed and 15-year fixed mortgages both trended down. The average rate on 5/1 adjustable-rate mortgages, meanwhile, increased......