FHFA rescinds “unworkable” fee ahead of implementation 

The mortgage industry decried the proposed loan-level pricing adjustment for borrowers with higher debt-to-income ratios. 
The post FHFA rescinds “unworkable” fee ahead of implementation  appeared first on Atlanta Agent Magazine.

Optimism for spring selling season grows with third monthly rise in pending sales 

The National Association of REALTORS® Pending Home Sales Index rose for the third month in a row, suggesting the housing market’s contraction could be “coming to an end.” 
The post Optimism for spring selling season grows with third monthly rise in pending sales  appeared first on Atlanta Agent Magazine.

Modern interior design remains most popular style

Modern homes are still the most popular interior design style, according to a new study from Confused.com, a financial services comparison website based in the U.K.
The post Modern interior design remains most popular style appeared first on Atlanta Agent Magazine.

Pending-home sales rebound in October

“Motivated by fast-rising rents and the anticipated increase in mortgage rates, consumers that are on strong financial footing are signing contracts to purchase a home sooner rather than later.” — NAR chief economist Lawrence Yun
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NAR: U.S. housing market is short 5.5 million homes

The shortage of housing in America is more “dire” than previously expected, and the NAR’s new report puts pressure on lawmakers to provide additional public funding and policy incentives to fix this massive underbuilding gap.
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