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The 30-year fixed, which was threatening going above 7% again according to Freddie Mac data, was 18 basis points lower this week.
July 20
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July 20
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Several community banks noted an uptick in problem loans in second-quarter earnings reports. Small lenders should brace for more of this, industry observers noted.
July 19
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The Wall Street giant has more than $14 billion of real estate investments, and it took a $1.15 billion hit during the second quarter from writedowns of those bets.
July 19
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Even as some observers are reducing their expectations for an economic downturn, the government-sponsored enterprise changed the expected time frame that one could occur.
July 19
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Declining rates contributed to a surge in refinances, but a sluggish market is capping purchase activity, according to the Mortgage Bankers Association.
July 19
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Residential starts fell 8% last month to a 1.43 million annualized rate, according to government data released Wednesday.
July 19
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About 14 out of every 1,000 US homes changed hands during this period, down from 19 in the same period during 2019, according to the real estate brokerage's report examining housing turnover since the pandemic.
July 18
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More than 50 percent of transactions analyzed were risk-prone, a report published by FundingShield found.
July 18
