National News

Guaranteed Rate unveils new Spanish-language mortgage program

The mortgage lending and digital finance company Guaranteed Rate has launched an extensive Language Access Program to expand services to Spanish-speaking clients. The program uses language and cultural information to create an inclusive and informative experience for all clients, regardless of their English proficiency.

Two views on what the Fed’s latest interest-rate hike means for real estate

Two economists expressed concerns about the real estate industry in the wake of the Fed’s decision to raise interest rates by three-quarters of a percent. 

NAR: Charitable giving by REALTOR® associations increased 20% in 2021

The NAR’s Community Aid and Real Estate (CARE) Report shows that REALTOR® associations donated a median of $12,070 this past year, a 20% increase over 2020.

Sellers lose the upper hand as mortgage rates rise

The housing market is starting to become more balanced.

Denver named a top 21 city for real estate investment in 2022 and 2023

Norada cited Denver’s low unemployment and strong tourism industry as reasons why it stands out as a good place for investment properties.

ATTOM: Foreclosure rates returning to pre-pandemic levels

ATTOM’s 2022 U.S. Foreclosure Market Report shows that foreclosure filings are up 118% compared to this time last year.

Student loan forgiveness could mean homeownership for millennials

The recent order by President Joe Biden canceling tens of millions of dollars in student loan debt is good news for the real estate industry, according to a new report.

As demand for new homes cools, builders reconsider future plans

A sudden slowdown in home construction hasn’t affected the rise of new apartment buildings. Ten of the country’s top metros are set to reach five-year peaks in new-apartment construction during 2022.

Share of ARM applications hits highest percentage in 15 years

More borrowers are turning to adjustable-rate mortgages to save money as interest rates climb.

Compass cuts signing bonuses following Q2 market downturn

Compass revealed big losses — to the tune of $100 million — in its second quarter report. And as a result, the firm will no longer offer equity or cash incentives to new agents.

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