Mortgages Archive

August Recess Isn’t Slowing Down NAR

By 2014 NAR President Steve Brown Congress has adjourned for the rest of the summer, but that isn’t stopping REALTORS® from staying in touch with our representatives. NAR’s hardworking Federal Political Coordinators are meeting with Congress in their home...
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August 25, 2014

Fix the Cap

By 2014 NAR President Steve Brown Because of NAR’s efforts and the REALTOR® Party‘s diligence, I am pleased to report that the United States House of Representatives passed the Mortgage Choice Act this past month. This bill would return...
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July 2, 2014

Progress on the 3% Cap

NAR President Steve Brown talks about a positive development on NAR’s concerns over how the 3% cap on points and fees in the qualified mortgage (QM) rule has been interpreted.  ...
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April 30, 2014

FHA Bounces Back

By 2014 NAR President Steve Brown Just as the winter snows melt, and spring begins to bloom, there are also signs of renewal for the Federal Housing Administration (FHA). The White House released its fiscal 2015 budget proposal last...
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March 10, 2014

Mortgage Debt Forgiveness: It’s All About Fairness

In his latest video, NAR President Steve Brown explains why NAR supports an extension on mortgage debt cancellation relief. Take a look. brightcove.createExperiences();...
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February 26, 2014

Super Size It

By NAR 2013 President Gary Thomas If you’re considering how nice it would be to own a larger home, this may be the time to buy. For the first time in history, interest rates on jumbo mortgages actually fell...
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October 2, 2013

Hope for Homeowners

  By NAR 2013 President Gary Thomas We’ve seen interest rates rising recently. Rates on 30-year fixed mortgages have gone up almost a full percentage point since reaching record lows six months ago. REALTORS and consumers are understandably anxious...
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July 8, 2013

You Can Bank On It

By NAR 2013 President Gary Thomas As Bob Hope said, “a bank is a place that will lend you money if you can prove that you don’t need it.” All kidding aside, we understand banks play a vital role...
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May 8, 2013

An Enduring Program – VA Home Loan Program Reaches 20 Million Loans

NAR President Moe Veissi celebrates the VA Home Loan Program with Department of Veterans Affairs officials and Elizabeth Carpenter, shown at left, who is the recipient of the 20th million loan through the program. Elizabeth’s son, Joey, rides his...
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October 26, 2012

Reforming the Secondary Mortgage Market

By NAR 2012 President Elect Gary Thomas So how do we sustain the housing recovery?  That was the question on the table at a forum put together by the Progressive Policy Institute and the American Action Forum.  It drew...
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October 5, 2012