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Latest Realty News from NAR

FHA Mortgage Insurance Premium Reduction a Fresh Start, Says NAR President Brown

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

Pending Home Sales Backpedal in November

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

NAR CEO Dale Stinton to Retire, Search Firm Retained

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

Copyright © 2017 Mid Florida MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Mid Florida MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Regal Real Estate Professionals participates in the MFRMLS Internet Data Exchange (IDX) program, allowing display of other MFRMLS broker's listings on this site. However may not include all listings currently available. Information is deemed reliable but not guaranteed. Information last updated at 2017-01-20 20:43:15.

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Kim Hawk
Regal Real Estate Professionals

701 Celebration Ave
Celebration, FL 34747
Phone: 407-808-9845
Email: kimhawk07@gmail.com