November 2016 Housing Affordability Index

After moving up in four consecutive months at the national level, housing affordability is down 1.1 from last month and down from a year ago. Mortgage rates increased to 3.82 this November and current home shoppers may want to...

Martin Luther King, Jr. Day 2017

Martin Luther King, Jr. Day is observed on the third Monday of January and marks the birthday of Rev. Dr. Martin Luther King, Jr. This holiday is also recognized as a day of service, and is an opportunity to...

NAR Commercial Members Optimistic About Business Creation Throughout 2016

By the nature of the profession, commercial real estate agents have a unique perspective on business creation as they play a key role in helping companies lease or own office space and commercial facilities. For that reason, the NAR...
January 11, 2017

How Much Will Your Monthly Payment Change?

Mortgage rates have been rising sharply over the past couple of months. The 30-year fixed-rate mortgage was 4.2 percent in December, the highest of 2015 and 2016, and it appears to stay above 4 percent for a long while....

December HOME Survey: Moving Near Family and Hosting Friends

In the Housing Opportunities and Market Experience (HOME) Survey, respondents are asked a series of unique questions each quarter. In the December survey, consumers were asked whether they hosted family and friends at home during the holidays, on weekends,...
January 10, 2017