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A deceleration in mortgage balances ends CIBC's three-year streak of outpacing Canada's other large lenders on mortgage growth. Royal Bank of Canada said this week that mortgage balances were 5.9% higher than a year earlier.
August 23 -
Mortgage rates decreased for the third straight week and reached their lowest level since mid-April, according to Freddie Mac.
August 23 -
Almost $50 billion. That's how much Spokane County, Wash., is worth, according to this year's property assessments, up $4.1 billion over last year.
August 23 -
Colorado Springs home prices rose at one of the fastest clips in the nation during the second quarter, according to the National Association of Realtors.
August 23 -
Tech-focused startups are knocking on the door of a $15 billion industry that's dominated by just four companies: Title insurance.
August 22 -
Sales of previously owned homes unexpectedly slumped for a fourth month to the weakest in more than two years, signaling higher prices and tight supplies continue to squeeze demand, a National Association of Realtors report showed.
August 22 -
Mortgage applications increased 4.2% from one week earlier, rising for the first time in over a month, according to the Mortgage Bankers Association.
August 22 -
After four straight months in which four out of 10 home buyers in Santa Cruz County, Calif., paid in excess of $1 million, more buyers in July closed deals in the less expensive areas of the county and the median price dipped from $927,500 to $885,000.
August 22 -
A Minnesota Supreme Court decision that upholds limits on how much communities can charge developers is being hailed as a major victory for those who argue that such fees are making housing in the Twin Cities unaffordable.
August 22 -
Better consumer credit quality helped push the serious mortgage delinquency rate to its lowest level since the Great Recession, but originations remain low due to tighter underwriting standards and eroding homebuyer affordability, according to TransUnion.
August 22











