New NAR Guide Helps Sellers Prepare for Success

Do your sellers have questions about the process? NAR’s latest Consumer Guide provides straightforward and helpful answers.

Mortgage Rates Ease for Second Week

The rate on 30-year mortgages fell to 6.95% from 6.96% last week, Freddie Mac said. Rates on 15-year mortgages fell to 6.12% from 6.16% last week.

Pending Home Sales Fell 5.5% in December

All four U.S. regions saw month-over-month transaction losses, NAR’s chief economist said. High mortgage rates haven’t reduced demand, thanks to more cash deals.

Redfin: Typical Home Sells in Nearly 2 Months

Homes are taking longer to sell largely because housing costs are so expensive and there’s a limited supply, Redfin said. It’s the slowest pace in 5 years.