Archive for August, 2015


Freddie Mac Issues Outlook for 2015 and 2016

By Jon C. Ogg August 31, 2015 2:57 pm EDT Freddie Mac has now released its monthly Insight Outlook for August of 2015. While the group is saying that there is no single statistic pegging when a housing market is overvalued or likely to fall, the real goodies are highlighted in some of the basic […]

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Green Mountain Association of Realtors awarded grant to help Waterbury community

News Release — Green Mountain Association of Realtors August 28, 2015 Contact: Craig Santenello Green Mountain Association of Realtors® Century 21 Jack Associates (802) 310-9077 [email protected]   Montpelier, VT – The Green Mountain Association of Realtors® has received a $2,200 Placemaking micro-grant from the National Association of Realtors® to help make the Waterbury community a […]

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Pending home-sales index rebounds in July

“Whether wages are accelerating quickly or not, certainly payrolls are, and that helps,” Sam Coffin, an economist at UBS Securities in New York, said before the report. “We might not see the rapid rises that we saw earlier this year, but we should still see gains.”

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Average US rate on 30-year mortgage drops to 3.84 percent

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Fitch Upgrades Freddie Mac’s Commercial Mortgage Special Servicer Ratings

NEW YORK–(BUSINESS WIRE)–Fitch Ratings takes the following actions on the commercial mortgage servicer ratings of Freddie Mac’s Multifamily Division: –Commercial mortgage special servicer rating upgraded to ‘CSS2’ from ‘CSS2-‘; –Commercial mortgage master servicer rating affirmed at ‘CMS2’. The upgrade of the special servicer rating reflects the special servicing group’s workout experience with multifamily properties throughout […]

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Mortgage Rates Drop Most In 33 Weeks, Says Freddie Mac

Freddie Mac: Mortgage Rates Now Average 3.84% Mortgage rates made their biggest 1-week drop since January, according to Freddie Mac. This week’s Primary Mortgage Market Survey (PMMS) puts 30-year mortgage rates for conventional loans at 3.84%, on average — a drop of 9 basis points (0.09%) from the week prior. Interest rates dropped for other loan types last […]

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NAR Video Spotlight: Window to the LawCyberscams and the Real Estate Professional

Interested in more details on this topic? Click here! Editor’s Note: This is part of a monthly video series from the NATIONAL ASSOCIATION OF REALTORS® to inform and educate members about important aspects of being a REALTOR®. Watch for this series each month in RISMedia’s Daily Real Estate Advisor. The NATIONAL ASSOCIATION OF REALTORS® (NAR) […]

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National Association of Realtors names Arnold as AOR

The National Association of Realtors (NAR), which represents both the residential and commercial real estate industries, has named Boston-based Arnold as its agency of record after a competitive review involving 18 agencies. Havas’s Arnold has been primarily tasked with helping NAR revamp the role of the realtor. Since many young people turn to the internet […]

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Fannie Mae: 3 reasons why this oil glut won’t crash housing

Although oil prices are expected to be lower for longer, the negative effect on home prices is likely to be less severe for most oil-producing states than what happenned in the 1980s, a new Housing Insight report from Fannie Mae said. Now that oil prices are estimated to stay lower, Fannie decided to figure out […]

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Fannie Mae and Freddie Mac settlements loom on horizon

The Obama administration may be close to calling a truce with aggrieved shareholders of Fannie Mae and Freddie Mac. Shares of the mortgage-financing giants jumped on Friday after an influential analyst said he believes the White House may be moving closer to settling multiple lawsuits stemming from the government bailout of Fannie and Freddie in […]

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