Category: Real Estate News
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Mortgage applications plunge after Fed hike rush
A Fed rate hike pulled mortgage demand forward, and made for a steep drop-off in the past two weeks.
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Manhattan real estate prices shatter records
The average apartment price in Manhattan hit a record $1.95 million in 4Q, as high-end real estate defies volatile stock markets.
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After strong summer, Tampa home sales slow
Closed sales dropped 1.7 percent in Tampa, Florida, in November compared to November 2014, as inventory fell over 7 percent.
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Warmer temps no help: Pending home sales slide
Warmer-than-normal temperatures across much of the nation did nothing to heat up home sales in November.
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Home prices rise 5.2% in October: S&P/Case-Shiller
Tight supply is pushing home prices ever higher again — with annual gains swelling in most major markets.
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Home mortgage lenders easing up on home loans
More home lenders are reporting easing credit standards, and expect standards to ease rather than tighten in the near future.
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Why the Fed move doesn’t matter to mortgage rates
The Fed’s quarter-point hike doesn’t mean the average 30-year fixed mortgage will be a quarter point higher.
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Mortgage refinances up 1% on rate fears
Mortgage rates didn’t move last week, but more borrowers made applications to refinance, possibly worried rates will move higher.
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Warmer weather heats up Minneapolis housing
The Minneapolis housing market is seeing a new spate of buyers, largely because of unseasonably warm weather.
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$2 million mortgage: No down payment, no joke!
The San Francisco Federal Credit Union this week started offering a $2 million mortgage … with no down payment required.