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Shares of real estate companies jumped as much as 3.1% Thursday for their biggest intraday gain of 2024, climbing to their highest level since March as investors snap up homebuilder, digital and commercial real estate stocks alike.
July 11
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A trio of Federal Home Loan Banks this week publicized endeavors related to their affordable housing mission shortly after their regulator put out a request for input on that topic.
July 11
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A growing number of states are tackling affordability struggles for middle-income renters, who have experienced the fastest increases in cost burdens over the past 20 years.
July 10
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Declining refinance activity offset the growth in government-backed purchases, the Mortgage Bankers Association said.
July 10
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Financial security is a concern for 31% respondents who said they feel less well-off than their parents or grandparents, a Nationwide survey found.
July 9
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More than 50% of aspiring buyers expect their next purchase will cost less than the latest median value, according to the National Association of Home Builders.
July 8
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The bank acquired these business purpose non-qualified mortgage loans originated by Civic Financial Services in the PacWest Bancorp deal.
July 5
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June housing market data from Redfin found home prices hit a new all-time high. Fortunately, monthly mortgage payments decreased and new listings were up 10%.
July 5
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Ongoing challenges from limited inventory levels and elevated prices likely spells little lending momentum this summer, Mortgage Capital Trading said in its latest report.
July 5
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The overall Bureau of Labor Statistics number was a tad higher than expected but other indicators point to economic weakness that could lower mortgage rates.
July 5
