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Invest in these cities and you can’t lose
Existing-home sales increased modestly in February, but constrained inventory levels pushed price growth to its fastest pace in a year, according to the National Association of Realtors' report released this morning.
The troubled mortgage servicer, which is dealing with a mountain of regulatory and legal issues, was just hit with another avalanche of bad news.
Concerns over the GSEs weak earnings “should serve as a wake-up call to Congress to move quickly to advance housing finance reform,” according to NAHB chairman.
An online mortgage marketplace startup, which says it can close loans for customers in as few as 15 days, has raised another $5 million in hopes of increasing its presence even more in the mortgage industry.
Housing affordability slightly improved…Investors, cash buyers fall in 2014… Borrowing’s getting easier… Home sales and starts slip back in Phoenix…
Many economists are predicting rates to increase soon and some believe the cash borrowers have saved through refinancing will move toward remodeling projects.