This announcement comes one week before the RPR rollout to all REALTORS®.
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More trouble for Bank of America: Federal prosecutors have filed a $1 billion lawsuit against the company, alleging the bank issued “thousands” of bad loans and stuck taxpayers with the bill.
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New-home sales posted their largest gain in more than two years in September, the Census Bureau reports.
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The Federal Reserve acknowledged segments of the economy are looking up, particularly housing and household spending, but added the stimulus plan is still needed for a broader, sustainable recovery.
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Applications for mortgages dropped by their largest percentage in a year as mortgage rates inched up slightly last week.
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Pending home sales were little changed in September but remain well above a year ago, according to NAR.
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