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Sales of new and existing single-family homes in the Albany, N.Y., area fell 10% in January from year-earlier levels, the Greater Capital Association of Realtors reported.
March 8
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As 2019 got underway, weakness in the housing market drove the number of workers employed by nondepository mortgage companies down to a low not seen since August 2016.
March 8
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New-home construction rebounded by more than expected in January amid strength in single-family starts and a nine-month high for permits, signaling the market is stabilizing thanks to lower mortgage rates.
March 8
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Mortgage industry hiring and new job appointments for the week ending March 8.
March 8
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Despite the pool of refinance candidates shrinking 30% from late 2017, the incentive for mortgage borrowers to refi shot up at the start of the year on interest rate declines, according to Black Knight.
March 7
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In the face of tough questioning from House members, CFPB Director Kathy Kraninger appeared mostly unfazed and tried to strike a balance between heeding concerns about the agency’s power and supporting its mission to help consumers.
March 7
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Despite a lower rate of increase, 2019 equity gains could pull 350,000 households from being underwater on mortgages, according to CoreLogic.
March 7
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Mr. Cooper Group took a net loss of $136 million in the fourth quarter after lower rates hurt the mark-to-market value of its larger mortgage servicing rights portfolio harder than its peers.
March 7
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The pace of Colorado Springs-area homebuilding in 2019 continues to trail that of last year.
March 7
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The increase in average mortgage rates this week should not affect the spring home purchase market because other factors remain strong, according to Freddie Mac.
March 7
