Realtors® Praise Senate Passage of Bill to Delay Flood Insurance Rate Increases
WASHINGTON (January 30, 2014) – The following is a statement by National Association of Realtors® President Steve Brown: “The Homeowner Flood Insurance Affordability Act, S. 1926, passed by the Senate this afternoon is the time-out Realtors® first advocated when dramatic ...
REALTORS®, CFPB to Monitor Impacts of QM Mortgage Rule
NAR has been working with federal regulators since Congress in 2010 passed massive banking reform legislation, part of which created the qualified mortgage and qualified residential mortgage rules. NAR has told regulators it will be watching to see what impact ...
A Guide to Changes in the National Flood Insurance Program
Many properties in eastern Connecticut are near bodies of water. What effect will the changes to the NFIP have on property values in Eastern Connecticut? The answer is not clear at this time but ECAR will be studying the issue. ...
Realtors® Applaud Bipartisan Legislation to Delay Flood Insurance Rate Increases
Flood insurance is an important factor in the sale of homes in Eastern Connecticut along the shoreline and on rivers and streams. The following is an October 30, 2013 statement by National Association of Realtors® President Gary Thomas: “The bipartisan ...
Why Flood Insurance Subsidies are Phasing Out
Why Flood Insurance Subsidies are Phasing Out For years the availability of federally backed flood insurance was an on-off affair. The program was $18 billion in debt to the U.S. Treasury… read more
Message to Congress: Do No Harm To Housing
Do No Harm To Housing “Do No Harm To Housing” is the message that thousands of REALTORS®, including representatives from ECAR, will deliver to Congress. REALTORS® will be descending on Washington, D.C. the week of May 12 to participate in ...
A Look Ahead at Federal Housing Regulations
A Look Ahead at Federal Housing Regulations Over the past year the U.S. housing market has made significant strides. A look ahead, however, shows a number of regulatory issues left unresolved that could potentially harm the industry in 2013. Several ...
Do you know who your elected officials are?
Do you know who your elected officials are? Do you know how to contact them about issues (especially real estate issues) that you are concerned about? Homeownership is under attack at the Federal and state level. At the Federal level, ...
The Mortgage Interest Deduction
By now you have seen numerous news reports concerning the “Fiscal Cliff.” Many of these reports speculate that a change to the long-standing policy that allows homeowners to deduction mortgage interest payment from their income taxes could be part of ...
