Thank you REALTORS! NAR's Four Point Plan Rings in the New Year
Our goal was to reach over 100,000 Realtors® by January 1st. And we did it! What a way to start the new year. Our Grassroots activists like you really made an impact on Capitol Hill by sending over 330,000 letters to Congress in support of NAR's Four Point Plan.
As so many of our members struggle to handle the current economic challenges, know that NAR continues to work hard to ensure the right housing stimulus measures will be included in any upcoming legislation considered by Congress and the new administration. We will provide you with additional information on how you can help in the days and weeks ahead.
Please stay engaged as we are going to need your help again soon. This is especially important in light of the fact that this will be our first chance to reach many new members of Congress and educate them on the need for critical housing measures.
Credit Crisis Information
To stay up-to-date on the latest news about NAR's efforts related to the credit crisis, read about the Four Point Plan and our push for a 4.5 percent interest rate buy-down, or to monitor the latest news from Washington, visit our Credit Crisis Information Center.
What's the Four Point Plan?
- Make the $7500 first-time homebuyer tax credit available to all buyers and eliminate repayment requirements. The credit's limited availability and repayment requirement severely limit the credit's use and effectiveness.
- Make the 2008 FHA, Fannie Mae and Freddie Mac loan limits permanent. New rules for 2009 will reduce them. Now is not the time to limit mortgage affordability.
- Get the Treasury relief program back on track and target more funds to mortgage relief. Create a federal mortgage interest buy-down program to make below-market rates available and stabilize home prices.
- Permanently bar banks from engaging in real estate brokerage and management. The banks have proved they have enough to do to simply manage the loan process. Banks should not manage home sales and purchases.
- Make the 2008 FHA, Fannie Mae and Freddie Mac loan limits permanent. New rules for 2009 will reduce them. Now is not the time to limit mortgage affordability.
Visit Our Credit Crisis Center
What is the Realtor Party?
From city hall to the U.S. Capitol, our elected officials are making decisions that have an enormous impact on REALTORS® and the customers we serve. It is time to put partisan politics behind us and work with our leaders on both sides of the aisle who are fighting to keep the American dream of homeownership alive. That’s why we founded the REALTOR® Party. We hope you’ll join us in bringing our own brand of leadership to the table.
Make an Investment in RPAC
The REALTORS® Political Action Committee (RPAC) supports candidates and elected officials on both sides of the aisle who understand the real estate profession and the importance of our legislative priorities.
What is the Big Idea?
Learn more about our resources for REALTORS® and the Broker Involvement Program.
FIND NAR ON:
