Sales of existing single-family homes in Florida totaled 21,318 in August, an increase of 4% (from the level recorded a year earlier) that follows decreases reported in the previous two months, according to the Florida Association of Realtors.The median sales price of homes sold in August climbed to $246,500, up 31% from $188,700 in August 2004, FAR said. Among the state's larger markets, resales increased 15% in the Jacksonville MSA, and 9% in the Tampa-St. Petersburg-Clearwater and Orlando MSAs, but they fell 5% in Miami, FAR reported.
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The Bureau of Labor Statistics report showed the labor force continued to expand but at a weaker rate than in recent months. The development weakens the case for a near-term rate hike.
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Small businesses located near HUD's historic headquarters claimed the department's decision violated laws requiring that its offices stay in Washington, D.C.
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Expected coupons range from 5.66% on the AAA-rated A-1A tranche to 8.52% on the tranche rated B+.
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This data release means another milestone for the use of updated credit score models than the current FICO Classic has been met by Fannie Mae and Freddie Mac.
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The real estate and fintech company completed the purchase of 100% of Mortgage One Group, marking a major step in its push into AI financing.
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The rise in completed modifications occurred as many other loan performance indicators plateaued, and may reflect the temporary impact of recent rule changes.
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