The Home Sales Conundrum: Buyers Aren’t Moving

The Home Sales Conundrum: Buyers Aren’t Moving

By Melissa Dittmann Tracey NAR research shows about 5.5 million more U.S. households can now qualify for a mortgage compared with a year ago due to lower rates. So, what’s holding buyers back? WASHINGTON – Housing affordability is improving, but it’s not prompting a...
Lead-Safe Certification: What to Know

Lead-Safe Certification: What to Know

By Maria Marchante Property managers and contractors working in pre-1978 homes may need EPA certification. Recent guidance clarifies who can be held liable. ORLANDO, Fla. – Federal law requires all renovation, repair and painting firms that work in housing or...
Mortgage Rates Hit New Three-Year Low

Mortgage Rates Hit New Three-Year Low

The average 30-year rate fell to 6.01% and the 15-year to 5.35%. Lower borrowing costs may draw buyers back, steady sellers and boost activity for agents this spring. WASHINGTON – The average long-term U.S. mortgage rate slipped this week to its lowest level in more...
Home Contracts Slip Modestly Nationwide

Home Contracts Slip Modestly Nationwide

Pending sales declined in the South month over month but rose year over year, signaling uneven momentum across Florida markets. WASHINGTON – Pending home sales in January decreased by 0.8% from the prior month and 0.4% year-over-year, according to the National...
Before You Co-Sign That Mortgage

Before You Co-Sign That Mortgage

Helping someone reach a major milestone can create financial ties that last longer than expected. Make sure co-signers understand what that could mean. NEW YORK – A helping hand every now and again is vital as people pursue a wide range of goals. Financial assistance...