On April 14, 2015, the House of Representatives passed H.R. 685, “The Mortgage Choice Act” by a vote of 286-140 with 45 Democrats joining the Republicans. H.R. 685 is bipartisan… Continue Reading 3% cap bill passes House
Author: KR Staff
Fannie and Freddie fee changes
Mortgage-finance companies Fannie Mae and Freddie Mac recently unveiled changes to the fees they charge to back mortgages. The Federal Housing Finance Agency, which regulates the companies, also disclosed finalized… Continue Reading Fannie and Freddie fee changes
Mortgage rates continue to move lower
Freddie Mac says a 30-year fixed-rate mortgage fell to 3.66 percent this week, not much more than the all-time low of 3.31 percent in November 2012. A year ago, 30-year… Continue Reading Mortgage rates continue to move lower
April is Fair Housing Month
April 2015 marks the 47th anniversary of the 1968 landmark Fair Housing Act. Each year REALTORS® recognize the significance of this event and reconfirm our commitment to upholding fair housing… Continue Reading April is Fair Housing Month
Flood insurance rate increases take hold
The National Flood Insurance Program (NFIP) has released the 2015 rate changes which take effect on April 1. On average overall, rates are rising 10%. This is consistent with the 5-10% increases… Continue Reading Flood insurance rate increases take hold
10 ways to get the most out of LinkedIn
What do you think LinkedIn is for? Is it just for people who are trying to find a new job? Should you only visit it if you want to recruit… Continue Reading 10 ways to get the most out of LinkedIn
Webinar: Intro to RPR – From Desktop to Smartphone
REALTORS® across the country are enhancing their business by using Realtors Property Resource®. In this introductory class, you’ll learn how top agents use RPR as their all-in-one data and information… Continue Reading Webinar: Intro to RPR – From Desktop to Smartphone
10 Best-Kept Secrets for Buying a Home
Get the most out of your money with these handy home-buying tips. Buying Secret #10: Keep Your Money Where It Is It’s not wise to make any huge purchases or… Continue Reading 10 Best-Kept Secrets for Buying a Home
Check out the NAR Generational Survey
Despite the economic and financial challenges young adults have braved since the recession, the millennial generation represented the largest share of recent buyers, according to the 2015 National Association of Realtors®… Continue Reading Check out the NAR Generational Survey
Kentucky jobless rate at 5.5% in January, 0.2% below U.S. rate
Kentucky’s seasonally adjusted preliminary January 2015 unemployment rate of 5.5 percent came in below the U.S. rate of 5.7 percent, according to the Office of Employment and Training, an agency… Continue Reading Kentucky jobless rate at 5.5% in January, 0.2% below U.S. rate