HUD Secretary Eyes FHA Mortgage Insurance Changes

HUD Secretary Marcia Fudge told a congressional committee she is open to changing FHA mortgage insurance policies to those similar to conventional loans.

Mortgage Rates at Lowest Level Since May 2023

The average long-term U.S. mortgage rate dropped to 6.6%, the lowest level since May 2023, when it was 6.57%.

NAR Tech Survey Reveals Successes and Trends

Agents are leaning into proptech (real estate technology) like eSignature and cloud storage, and may be using artificial intelligence (AI) and virtual reality (VR) soon.