Higher home prices force borrowers to take out larger loans

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National Association of Realtors

October 1, 2021
 

Buyers Taking Out Larger Loans

Borrowers are carrying more mortgage debt in order to afford rising real estate prices.


Lenovo’s Semi-Annual Sale is back and better than ever. NAR members receive up to 70% off Lenovo’s award-winning tech and much more, now through Oct. 17th. Sign up for MyLenovo Rewards as a new member anytime between Oct 4-17 and receive 3X rewards with purchase! Log in with NRDS ID at www.lenovo.com/NAR  or call 800-426-7235 for sales help.

What You Should Know About FEMA’s Risk Rating 2.0

The agency heard your concerns and those of your clients and adopted most of the recommendations from NAR’s Insurance Committee.

Mortgage Rates Back Above 3%. Will They Keep Rising?

The rate for the 30-year loan posts a sharp rise after spending nearly four months below 3%, Freddie Mac reports.


Where Bills That Affect Real Estate Stand on Capitol Hill

Friday marks the first day of the new fiscal year for the federal government, a consequential date for a raft of programs and government funding.


Survey: Owners Fear Financial Burden of Foundation Repairs

About a quarter say they’d rather sell their home than fix a problem with its foundation.


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4 ‘Danger Zones’ in Your Daily Work Routine

Crimes against real estate professionals have risen 300% since 2006, data shows. These business practices may make you most vulnerable.


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Why You Should Invest in Real Estate

Becoming an investor will not only help bring in extra income but also help you grow your skillset and network.


From Our Blogs

 
6 Emerging Home Trends to Watch

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Which Home Improvement Show Should You Be On?

From dedicated activity spaces to ultra-luxury fabrics, view some of the most buzzed about home design trends.


Is the Market Finally Balancing Out?

STYLED, STAGED & SOLD

Happy Hour at Home: Staging the Bar Area

Top designers provide inspiration and tips for making a home bar aesthetically intoxicating.


Is the Market Finally Balancing Out?

YPN LOUNGE

3 Reasons to Get Your PSA Certification

What you can get out of NAR’s Pricing Strategy Advisor training program, which teaches you how to price properties with greater accuracy and work smarter with appraisers.


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