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WASHINGTON (January 9, 2017) – Lower costs are coming for homebuyers seeking a Federal Housing Administration -insured mortgage.
FHA announced today that they are cutting annual premiums for mortgage insurance from 0.85 percent to 0.60 percent, a move the National Association of Realtors® said breathes new life into the program.
“FHA mortgage products exist to serve an important mission: providing homeownership opportunities to creditworthy borrowers who are overlooked by conventional lenders,” said NAR President William E. Brown, a Realtor® from... Read More
WASHINGTON (December 28, 2016) — Pending home sales dipped in November to their lowest level in nearly a year as the brisk upswing in mortgage rates and not enough inventory dispirited some would-be buyers, according to the National Association of Realtors. Only the Northeast saw monthly and annual pending sales gains last month.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 2.5 percent to 107.3 in November from 110.0 in October. After last month's decrease in activity,... Read More
WASHINGTON (December 28, 2016) – After 36 years of service, National Association of Realtors® CEO Dale Stinton will retire from the association in 2017. Chicago-based executive search firm Heidrick & Struggles has been retained to find Stinton’s replacement.
Stinton took over as CEO in November 2005. Previously, he served as chief financial officer and chief information officer since 1998 and was named acting CEO and executive vice president in 1996. Stinton demonstrated exceptional leadership and business savvy in bringing continued success to the... Read More
I am a old retired Real Estate Broker from out of state. My real estate experience dates all the way back to the year 1958. It pains me to have to tell you that in all of those years I have met very few knowledgeable & honest real estate agents. Agents that truly know, understand, and apply ALL of the laws of 'Agency.' The National Association of Realtors, owners of the name 'Realtors', would like you to think that all of their members practice the code of ethics they advertize. In reality almost every realtor I have ever dealt with over all of those years had not the slightest bit of interest in the 'code of ethics' Money seemed to be their only real concern. Wayne is one of the very very few that I know is 100% ethical. How do I know? Because test after little test that I gave him, shouted it to me. I have both purchased & sold through him. If you were my son or daughter there is no one else I would trust you with. Good Luck in your adventures in real estate.
I just read 12 reviews that say it ALL. Wayne is the epitome of integrity, I just closed on a foreclosure yesterday....have been chasing that property since last Nov.. Wayne stuck by me all that time and last Nov. I closed on another property Wayne worked with me on. My house is on the market right now. There is so much about the real estate market I know nothing about. Haven't stumped Wayne Hemmerich yet. Yes, Wayne would is my choice...every time and all the time. He's the best of them all.