Recap of changes after NAR Settlement

Expected Changes in Transaction  MLS form change      - Local MLS firms will change the format       - No field for BA Com.   Seller Agent Commission      - It could be a half : Seller agent commission only      - Or, it could full commission including buyer agent commission    Buyer Agent’s Commission      - Tough negotiation with...

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Weekly News (July 9, 2024)

Mortgage Interest Rates Review United Mortgage Nation  7/9/2024   30 yr fx (%) 15 yr fx (%) FHA  (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 6.750 6.000 6.250 3.772 6.750 6.750 A month ago 6.999 6.250 6.249 4.491 6.999 6.999 Last week 6.999 6.225 6.375 4.479 6.999 6.999 This...

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Weekly News (July 3, 2024)

Mortgage Interest Rates Review United Mortgage Nation  7/3/2024     30 yr fx (%) 15 yr fx (%) FHA  (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 6.750 6.000 6.250 3.772 6.750 6.750 A month ago 6.999 6.250 6.249 4.491 6.999 6.999 Last week 6.899 6.125 6.249 4.254 6.899 6.899 This...

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Weekly News (June 26,2024)

Mortgage Interest Rates Review United Mortgage Nation  6/26/2024   30 yr fx (%) 15 yr fx (%) FHA  (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 6.499 5.875 6.125 3.772 6.499 6.499 A month ago 6.999 6.250 6.249 4.491 6.999 6.999 Last week 6.999 6.250 6.249 4.449 6.999 6.999 This...

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Weekly News (June 12, 2024)

Mortgage Interest Rates Review United Mortgage Nation  6/12/2024 30 yr fx (%) 15 yr fx (%) FHA  (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 6.699 5.875 6.125 3.700 6.699 6.699 A month ago 7.250 6.375 6.625 4.614 7.250 7.250 Last week 6.999 6.250 6.249 4.491 6.999 6.999 This...

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Weekly News (June 5, 2024)

Mortgage Interest Rates Review United Mortgage Nation  6/5/2024 30 yr fx (%) 15 yr fx (%) FHA  (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 6.875 5.875 6.250 3.700 6.875 6.875 A month ago 7.375 6.500 6.625 4.644 7.375 7.375 Last week 6.999 6.375 6.375 4.437 7.125 7.125 This...

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Weekly News (May 29, 2024)

Mortgage Interest Rates Review United Mortgage Nation  5/29/2024   30 yr fx (%) 15 yr fx (%) FHA  (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 6.875 5.875 6.250 3.700 6.875 6.875 A month ago 7.375 6.500 6.625 4.644 7.375 7.375 Last week 6.999 6.375 6.375 4.437 7.125 7.125 This...

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Weekly News (May 22, 2024)

Mortgage Interest Rates Review United Mortgage Nation  5/22/2024 30 yr fx (%) 15 yr fx (%) FHA (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 6.599 5.750 5.875 3.549 6.599 6.599 A month ago 7.250 6.620 6.499 4.628 7.250 7.250 Last week 7.125 6.250 6.375 4.481 7.125 7.125 This...

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What will the Future Bring? (5/15/2024)

What will the Future Bring?     Pent-up demand, settlement agreement will be factors.        -  Home sales in 2023 were the worst in nearly 30 years. The micro-level reasons—owners locked into low mortgage rates, low inventory, and rising interest rates—explain the fall in sales.          -  But looking at the big picture, it makes less sense. Last year’s 4...

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