Potential buyers continue to flood into model homes across the country, and that has made builders feel better about their business than in more than 20 years. But rising timber prices could dampen the market’s momentum this fall. Building confidence in the newly built, single-family home market jumped six points …
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It’s not just emotional purchases, brokers say: There are smart and strategic reasons why Americans of all ages, races and incomes are moving away from urban centers. Why it matters: Bidding wars, terrifying plays for a large suburb house with a pool, buying an invisible amount of real estate – …
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Signage is on Tuesday, October 1, 2019 outside the Freddie Mac headquarters in McLean, Virginia, US. Andrew Harrer | Bloomberg | Getty Images Consumers will have to pay more to refinance their mortgages after Fannie Mae and Freddie Mac announced they were raising fees for lenders on the loans. The …
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Foreign buyers come with a realtor to buy a home in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Two straight weeks of new record-low mortgage rates brought consumers back to their lenders, but rates may now be off course. Mortgage application liabilities increased significantly 6.8% last week compared …
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Estate agents come to a broker tour showing a house for sale in San Rafael, California. fake pictures With mortgage interest rates near a record low, mortgage demand, especially from home buyers, is now significantly higher than a year ago, but there are warning signs that first-time buyers may be …
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