Tag Archives: navy federal credit union

Why affordability hits different in a military market

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The lack of affordable housing means actively looking for ways to educate and counsel newly stationed military clients on their best options, broker Amy Hummer writes. Continue reading →

Rising inflation makes ‘jumbo’ Fed rate cut unlikely next week

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Initial jobless claims climbed last week to the highest level since Oct. 23, 2021, but investors and economists are expecting three small rate cuts this year rather than a dramatic move next week. Continue reading →

New-home sales declined in July but beat analyst expectations

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Sales of new single-family homes dropped 8.2 percent year over year to a seasonally adjusted annual rate of 652,000, which still beat analysts’ expectations of a rate of about 630,000 units. Continue reading →

‘Construction is in a funk’: Homebuilding improves, but inventory issues remain

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The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts and completions are not on track to meet national inventory needs this year with builder sentime… Continue reading →

Mortgage rates drop with stocks on surprise jobs report and new tariffs

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Trump announces new tariffs on dozens of countries beginning Aug. 7, fires BLS commissioner after revised jobs report shows dramatic slowdown in payroll growth in May and June. Continue reading →

Inventory’s up, but buyers aren’t biting as June sales slide again

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Existing-home sales declined by 2.7 percent from May 2025 but held steady compared to one year ago. Mortgage rates and high home prices continue to dissuade potential buyers. Continue reading →

New residential sales drop nearly 14% in May, their sharpest in 3 years

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Homebuyers continued to respond to market headwinds like high mortgage rates and economic uncertainty and failed to be drawn in by builder sales incentives. Continue reading →

Home price growth rose seasonally in March, but continues to slow

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The S&P CoreLogic Case-Shiller National Home Price NSA Index rose by 3.4 percent on an annual basis in March and the Federal Housing Finance Agency’s Home Price Index rose 4 percent. Continue reading →

This credit union has been sending leads to Anywhere for 36 years

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Navy Federal RealtyPlus commission rebate program turns the credit union’s 14.5 million members into “high quality leads” for Better Homes and Gardens, Century 21, Coldwell Banker, Corcoran, ERA and Sotheby’s agents. Continue reading →

New-home sales beat expectations in March — by a long shot

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The surge in sales was a welcome positive sign during a tenuous period for the U.S. economy. However, high prices and high mortgage rates continue to curb homebuyers, new HUD data shows. Continue reading →