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ARM Application Rate the Highest Since 2007

ARM Application Rate the Highest Since 2007

by The Commercial Record | Aug 26, 2022 | Banking & Lending, CR Daily, Industry News, Residential Real Estate

The share of borrowers applying for an adjustable-rate mortgage is the highest it’s been in 15 years, a new analysis by Zillow has found, but unlike the lead-up to the subprime mortgage crisis, these borrowers remain well-qualified.

Survey Details Hurdles for Black Homeowners

Survey Details Hurdles for Black Homeowners

by The Commercial Record | Jun 29, 2021 | CR Daily, Industry News, Residential Real Estate

A new survey from Redfin details the struggles faced by prospective Black homeowners in America compared to their white counterparts. 

Biden Should Pocket These Tax Ideas

by Lew Sichelman | Apr 29, 2021 | Industry News, Opinion, Residential Real Estate

Over the next few months, the White House is likely to propose two major tax changes that could impact the housing sector. These two ideas, however, should be chucked in the circular file.

Incoming President Apologizes for NAR’s Past Contributions to Racial Inequality

Incoming President Apologizes for NAR’s Past Contributions to Racial Inequality

by The Commercial Record | Nov 23, 2020 | CR Daily, Industry News, Residential Real Estate

One of the first official actions Charlie Oppler took as the 2021 president of the National Association of Realtors was to issue a formal apology for the group’s contributions to racial segregation and inequality.

Survey Details Hurdles for Black Homeowners

NAR Issues Strategy to Boost African American Homeownership

by The Commercial Record | Jun 17, 2020 | Banking & Lending, CR Daily, Industry News, Residential Real Estate

The top economist at the National Association of Realtors this morning released a statement offering a five-point plan to help close the racial wealth and homeownership gaps in America.

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