Housing

August Sales of Existing Homes Continue Strong on Lower Mortgage Loan Rates

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in August rose 1.3% to a seasonally adjusted annual rate of 5.49 million ...
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August Housing, Single-Family Starts Show Solid Gains

The U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in August rose to a seasonally adjusted annual rate of 1.36 ...
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Mortgage Loan Rates Rose Last Week, Applications Flat

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decline of just 0.1% in the group's seasonally adjusted composite index for the week ...
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Homebuilder Sentiment Defies Endless Recession Calls by the Media

The National Association of Home Builders has released its latest Housing Market Index (HMI), with a reading of 68 for September. That is a high in 2019, higher than the ...
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Do Builders of Some of the World Highest Skyscrapers Lie About How Tall They Are?

Is a residential building in New York City 95 stories tall, or is it 86 stories? Many of the richest people in the world opt to buy apartments for the ...
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Millennials Are Facing More Problems Buying Houses

Across the country, rapid home-price growth and low inventories of affordable housing have been making it harder for prospective homebuyers, especially millennials. In a Bankrate survey, nearly half of millennials ...
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Mortgage Loan Rates Moving Higher Again

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 2% in the group's seasonally adjusted composite index for the week ending ...
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US Mortgage Interest Tax Deductions Plummeted in 2018

Homeownership in the United States is complicated. On the one hand, it has been inextricably linked with the American Dream. On the other hand, it has offered U.S. taxpayer a ...
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Mortgage Loan Rate Moves Mixed, Applications Hit the Pause Button

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decline of 3.1% in the group's seasonally adjusted composite index for the week ending ...
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July Home Prices Push Higher on Low Interest Rates and Inventory

U.S. home prices rose 3.6% in July compared with the same month a year ago, according to data from CoreLogic released Tuesday in the firm's Home Price Insights monthly report. ...
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New Home Sales Tumble in July 

The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that sales of new homes in July decreased to a seasonally adjusted annual rate (SAAR) ...
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July Sales of Existing Homes Beat Estimates Even as Prices Rise

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in July rose 2.5% to 5.42 million from a total of 5.27 million ...
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Mortgage Loan Rates Mixed, New Borrower Applications Flat

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decline of 0.9% in the group's seasonally adjusted composite index for the week ending ...
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Phoenix to Hit 113 Today, That’s 57 Days Over 100

Phoenix probably will set the temperature record for August 20. The heat is supposed to top out at 113. Since June 24, the daily high has topped 100, and it ...
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Mortgage Loan Rates Dive, Refinancings Soar

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a jump of 21.7% in the group's seasonally adjusted composite index for the week ending ...
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