by rb | Feb 25, 2023 | California Real Estate Press, National Real Estate Press, Ventura County Real Elestate Press
WASHINGTON (February 22, 2023) – National Association of Realtors® President Kenny Parcell issued the following statement in response to the announcement made Wednesday by Vice President Kamala Harris and HUD Secretary Marcia Fudge to reduce mortgage insurance...
by rb | Oct 28, 2022 | California Real Estate Press, National Real Estate Press, Press Room, Ventura County Real Elestate Press
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced targeted changes to Fannie Mae and Freddie Mac’s (the Enterprises) guarantee fee pricing by eliminating upfront fees for certain borrowers and affordable mortgage products, while...
by rb | Oct 8, 2022 | California Real Estate Press, National Real Estate Press, Press Room, Ventura County Real Elestate Press
Home buyers may be tempted to expand their search criteria to find places that offer greater affordability farther away from city centers. Nadia Evangelou, senior economist and director of forecasting for the National Association of REALTORS®, notes that rural areas,...
by rb | Oct 7, 2022 | California Real Estate Press, National Real Estate Press, Ventura County Real Elestate Press
Mortgage rates took a breather this week. According to Freddie Mac, the 30-year fixed mortgage rate fell slightly to 6.66% from 6.70% the previous week. While there are mixed signals from the labor market, investors await the employment situation report that will...
by rb | Oct 5, 2022 | California Real Estate Press, National Real Estate Press, Ventura County Real Elestate Press
October 03, 2022 – Americans’ confidence rose to the highest level in six months in September and their spending remained steady despite higher prices. Wage growth, however, is not keeping pace with inflation and thus consumers are increasingly relying on their...
by Russell Boyd | Jul 8, 2022 | National Real Estate Press
Pending home sales broke a six-month skid with a slight rise of 0.7% from April. Pending sales in the Northeast accelerated 15.4% in May, the largest monthly increase among the four major U.S. regions. Compared to a year ago, three out of four regions – Northeast,...
