What’s the federal shutdown mean to you?

A roundup of resources to bring you up to speed on the impact the federal shutdown is having on your industry:

NAR: Lower rates, but bigger challenges — NAR has a great run-down on impacts for REALTORS® today. The rates may be sliding, but getting some loans through could be delayed.

LA Times: IRS documents unobtainable during shutdown — “If the political standoff lasts for weeks, it could stall sales because lenders can’t use IRS documents to confirm borrower qualifications. The impasse could also threaten loans backed by agencies such as the Federal Housing Administration.”

 

 

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About Jon Broadbooks

Jon Broadbooks is Director of Communications for the Illinois Association of REALTORS®. He supervises and carries out the implementation of the communications programs for the Association. He directs and supervises the Communications staff. He is responsible for coordinating and implementing the public relations and media relations efforts for the Association and acts as spokesperson and liaison to the statewide news media. He serves as editor of online and print content for IAR communications including the Illinois REALTOR® magazine and e-newsletters. He conducts IAR spokesperson training seminars and oversees the operation of website development for the Association.