The National Association of Realtors® is urging the Senate to act quickly to approve House legislation passed today to extend loan commitment authority under the Rural Housing Service program to help families purchase homes in rural areas. The present commitment is expected to expire Friday, April … [Read more...]

The sales of new homes came out of a long winter time slump with vengeance in March, rising almost 27% over February, the government recently said.  The federal tax incentives for buyers are due to expire next week that were giving the housing market a temporary boost, so it is uncertain how … [Read more...]

The latest economic trends of higher consumer spending and healthier stock markets may be pointing to evidence that we are coming out of the recession. In retrospect, the recession did change some people's bad economic habits, but the resurgence in the economy unfortunately means many people are … [Read more...]

Buyers responding to the homebuyer tax credit and favorable affordability conditions boosted existing-home sales in March, marking the beginning of an expected spring surge, according to the National Association of Realtors®. Existing-home sales1, which are completed transactions that include … [Read more...]

Marketing and identifying green homes just got easier for home buyers and sellers with the new Green MLS Tool Kit. The National Association of Realtors® now offers the tool kit to help Realtors® add a green initiative to their local multiple listing service (MLS). "Realtors® are the best … [Read more...]

Mortgage Brokers - Mortgage Brokers are businesses that originate loans with the intention of brokering them wholesale to lending institutions. The broker typically has an established relationship with these companies. Underwriting and loan funding usually takes place at the lending institution. … [Read more...]

A federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status, or receipt of income from public assistance programs. … [Read more...]

The FHA is an agency of the U.S. Department of Housing and Urban Development (HUD). Its main activity is the insuring of residential mortgage loans made by private lenders. The FHA sets standards for construction and underwriting but does not lend money or plan or construct housing. … [Read more...]

As outspoken supporters for fair housing issues and homeownership, Realtors® will join the nation in recognizing "Fair Housing Month" this April. Signed into law in 1968 and amended in 1988, the Fair Housing Act prohibits housing discrimination on the basis of race, color, religion, sex, … [Read more...]

The National Association of Realtors® said today that it will continue to press Congress for speedy action to renew authority for the Federal Emergency Management Agency to issue flood insurance under the National Flood Insurance Program that expired March 28. Congress is on its spring recess … [Read more...]