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« Jul

NAR Helps White House Brainstorm Inventory Solutions
Leslie Rouda Smith, the association’s president, joins administration officials and other housing leaders to discuss a comprehensive plan to address shortages.
Mortgage Rates Jump Even Higher After Fed Hike
The monthly mortgage payment on a $400,000 loan is about $2,470 compared to $1,660 a year ago, according to NAR.
Housing Starts Rebound, Builders Aim to Win Buyers Back
Despite an unexpected jump in new construction in September, demand for new homes is falling due to high prices and mortgage rates. Builders are lowering their asks to boost buyer traffic.
Existing-Home Sales Slip Again, Yun Blames Mortgage Rates
Still, homeowners are faring well, with property prices surging despite a pullback in buyer demand, says NAR’s chief economist.
Mortgage Rates Top 6% for First Time Since 2008
Monthly mortgage payments are 60% higher than a year ago, according to NAR. Buyers can save by shopping around for different types of loans.