“When I discover who I am, I’ll be free.”   Ralph Ellison Current Rates* as of 06/18/2024: 30yr fixed Conventional: 6.625% (APR= 6.817%) 15yr fixed Conventional: 5.75% (APR= 5.988%) 30yr fixed FHA/VA: 6.125% (APR= 6.915%) 30yr fixed Jumbo: 7.25% (APR= 7.406%) 10/10 ARM Jumbo: 7.375% (APR= 7.258%) no points!! Investor- Conventional 30yr fixed: 7.5% (APR= 7.754%)  One-Time-Close Construction Jumbo: starts at 8.0% at no points! Land loans: starts at 9.15% (5yr term) Note: APR= Annualized Percentage Rate. Conforming, jumbo & Renovation rates are 20% (25% for investors) down on a purchase transaction and assumes >760 credit scores, full documentation at a charge of one discount point on a single-family home. Investor rates assume two points .  Renovation loans assumes 180 day completion period on a purchase and is a FNMA conforming loan amount. FHA/VA rates assume minimum required down payment, > 760 credit scores and full documentation on a single-family home. Please refer to d

      IN THIS ISSUE Update: August 13 NAR-mandated rules changes will apply to all property types Driving it Home: Dr. Knapp talks market complexity and the importance of working with a REALTOR® NEW: Micro-Education Video Series from ABoR Global Buyer's Agent Portfolio – get it June 26 at the Market Shift Conversations Take the ABoR Member Satisfaction Survey for a chance to win $1,000! IMPORTANT UPDATE: RULES CHANGES WILL APPLY TO ALL PROPERTY TYPES   One of the biggest questions you've had to date is which property types will be impacted by the NAR-mandated Unlock MLS rules changes.  These changes will be applied to all real property listings, including leasing, land, farm/ranch, and commercial.  Applying these rules changes across the board in Unlock MLS ensures transparency in compensation and representation for all buyers and sellers working with Unlock MLS subscribers.   DRIVING IT HOME: JUNE 18, 2024   In this episode,  Dr. Knapp  discusses current market complexity, mor