Category: Real Estate News
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Mortgage applications plunge 7% ahead of Fed decision
Mortgage borrowers backed away, as suspense continued ahead of Thursday’s Federal Reserve decision on the future of interest rates.
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If mortgage rates go to 6%, what happens to housing
If mortgage rates rise to 6 percent, homes in some very hot markets may be overvalued by more than 20 percent.
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Summer slowdown skips Seattle housing
The median price of a Seattle home sold in August was $536,000, a stunning 23 percent jump from August 2014
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Investors snapping up new homes for rentals
Brand-new single-family homes are now the target of investors looking to take advantage of the booming rental market.
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Mortgage applications down 6.2% as refinancings slide
A slight uptick in interest rates was enough to end a brief rally in mortgage applications.
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Ready to use your home equity? Read this first
Tapping home equity is far more difficult than it was in the last decade, when a home was synonymous with an ATM. Here’s why.
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Tricked out student housing yields big profits
The increased urbanization of student housing is translating into big money for some developers and REITs.
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Mortgage applications soar 11.3% on brief rate dip
Mortgage applications increased dramatically last week, as a strong sell-off in the U.S. stocks pushed interest rates lower briefly
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Homebuilders call new labor law ruling crippling
Homebuilders are balking at a new labor law ruling that puts them on the hook for issues involving millions of subcontractors
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Pending home sales rose just 0.5% in July
This housing measure of signed contracts was basically flat in July.