News Flash

Four of the nation’s 10 most competitive residential markets for 2016 are based in the Seattle metro area, according to a new data report from Redfin
Four of the nation’s 10 most competitive residential markets for 2016 are based in the Seattle metro area, according to a new data report from Redfin. In reaching its year-end conclusion, Redfin analyzed neighborhoods in 27 metro areas,... Read more
The National Association of Minority Mortgage Bankers of America (NAMMBA) will hold its Inaugural National Conference, Thursday-Sunday, April 6-9, 2017 at the Atlanta Marriott Buckhead
The National Association of Minority Mortgage Bankers of America (NAMMBA) will hold its Inaugural National Conference, Thursday-Sunday, April 6-9, 2017 at the Atlanta Marriott Buckhead, 3405 Lenox Road Northeast in Atlanta, Ga. NAAMBA... Read more
Two former Secretaries of Housing and Urban Development (HUD) are offering very different opinions on Dr. Ben Carson’s ability to run the federal agency. According to a Dallas News report, Alphonso Jackson, who was HUD Secretary in the... Read more
Average fixed mortgage rates were on the rise for the ninth consecutive week, according to Freddie Mac’s latest Primary Mortgage Market Survey (PMMS). The 30-year fixed-rate mortgage (FRM) averaged 4.32 percent for the week ending Dec. 29... Read more
​Dale Stinton, CEO of the National Association of Realtors (NAR), has announced that he will retire in 2017
Dale Stinton, CEO of the National Association of Realtors (NAR), has announced that he will retire in 2017. “It was an honor to lead the nation’s largest and most influential trade association in partnership with NAR’s elected leaders, and... Read more
The U.S. Department of Justice (DOJ) has filed a consent order resolve allegations of redlining against two Ohio-based financial institutions, Union Savings Bank and Guardian Savings Bank
The U.S. Department of Justice (DOJ) has filed a consent order resolve allegations of redlining against two Ohio-based financial institutions, Union Savings Bank and Guardian Savings Bank. The DOJ charged the banks with violations of the... Read more
Most real estate agents are not concerned about mortgage rates rising from four to five percent in 2017, according to a survey of more than 800 agents conducted earlier this month by Redfin
Most real estate agents are not concerned about mortgage rates rising from four to five percent in 2017, according to a survey of more than 800 agents conducted earlier this month by Redfin. Nearly half of the survey’s of respondents said... Read more
The National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI) dropped last month
The National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI) dropped last month by 2.5 percent to 107.3 from the 110.0 level in October to its lowest reading of 2017. On a year-over-year basis, the PHSI is 0.4 percent the... Read more
One of the most prominent housing economists has inched his way out on the proverbial limb to raise the possibility of a stronger housing market under President-Elect Donald Trump
One of the most prominent housing economists has inched his way out on the proverbial limb to raise the possibility of a stronger housing market under President-Elect Donald Trump. In an interview with Bloomberg Television, Yale professor... Read more
The ranking Democrat on the House Financial Services Committee has stated her refusal to meet with President-Elect Donald Trump, adding that she will work aggressively to obstruct his policy agenda. In an interview with MSNBC, Rep. Maxine... Read more

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