RBOR***News & Updates for March 9, 2020***

March 9, 2020

The Impact on Real Estate

Unique Issues for the Real Estate Industry: A Guide for REALTORS®

Updated CDC Information

Mortgage Rates Hit All-Time Low

The 30-year fixed-rate mortgage this week fell to its lowest average on record—3.29%—since Freddie Mac began tracking such data in 1971. And borrowers rushed to lock in.

Mortgage applications rose 10% last week compared to a year ago, says Sam Khater, Freddie Mac’s chief economist. “Given these strong indicators in rates and sales, as well as recent increases in new construction, it’s clear the housing market continues to be a positive force for the broader economy,” he adds.

GET it DONE in MARCH!

Mandatory 2020 CE Class

March 18, 2020

Wednesday, 9:00 AM – 12:00 PM

Ridgefield Town Hall Lower Level Level Conference Room

CT Real Estate Agency Law Review &

Fair Housing Part 1

Agency law and representation under single, dual and designated agency: including agency scenarios, provisions of agency agreements in CT and a review of fiduciary duties owed to a principal client & customer.

Taught by Larry Riefberg

Click Here to Register

CT Real Estate Agency Law Review & Fair Housing Part 2 - March 30th

Click Below to Register for Upcoming Classes

Thursday, March 19th at 4 PM

T he Ridgefield Library would like to welcome Ridgefield REALTORS® to a wine, beer & appetizers reception followed by a brief informational session and a tour of the Library

Main Program Room Lower Level

Please Join Us at the Library

I'll be there!

2020 Gates Scholarship Applications Available

Children and step children of CT REALTORS® are eligible to apply. *** Note that grandchildren are not eligible unless the legal ward of the grandparents (documentation required). Applicants must be high school seniors heading to college or current college students with at least one year left to complete. The Foundation awards scholarships each year in memory of Raymond Gates Jr., a former Executive Vice President of the association who died in a car accident. Nearly $1,000,000 in scholarships has been awarded over the past 43 years. The deadline to apply is April 8. No late or incomplete applications will be considered. Access info here .