The recent lawsuit filed against the National Association of Realtors (NAR) has the potential to significantly impact the real estate market. The lawsuit challenges NAR’s rules and policies related to commission structures and multiple listing services (MLSs). If the lawsuit is successful, it could lead to changes in the way real estate agents and brokers […]
Freddie Mac’s introduction of a $2,500 credit for low-income homebuyers is a significant and heartening step towards making homeownership more accessible to those who need it most. The credit, aimed at easing down payment and closing costs, recognizes the significant barriers that very low-income homebuyers face when trying to achieve homeownership. As Sonu Mittal, SVP […]
Lower Mortgage Rates Boost Buyer Demand. Lower mortgage rates have been a boon for the housing market, as they have helped to boost buyer demand. According to a report by the National Association of Realtors, lower mortgage rates have led to an increase in home sales and a rise in home prices 1. The Mortgage Bankers Association has also reported a […]