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Trump says he will ban Wall St. investments in single-family homes
President Donald Trump on Wednesday said his administration is moving to ban Wall Street firms from buying up single-family homes in a bid to reduce home prices.
Homebuyers stymied by fewer homes, high prices, rising rates
America’s housing market has grown increasingly frenzied, and prices are out of reach for many buyers, especially first-timers.
Daughter doesn’t buy dad’s cheerleading for U.S. homeownership
Six years since the collapse of Lehman Brothers triggered a financial meltdown, some young adults are more risk averse and view the potential upsides of status and wealth more skeptically than before the crisis, altering the homeownership calculation. It’s more than the weight of student loans, an iffy job market and tight credit -- even those who can buy are hesitant.
Realities of Real Estate: Don’t take holiday from selling house
When we get to this time of year, many sellers start talking about taking their houses off the market for the holidays. Some sellers think that all the buyers go into hibernation during November and December. Others just don’t want to be hassled with showing their houses during the holidays.
U.S. new-home sales plunge as mortgage rates rise
WASHINGTON — Americans cut back sharply in July on their purchases of new homes, a sign that higher mortgage rates may weigh on the housing recovery. The Commerce Department said […]
Contracts for homes nationwide dipped in February
WASHINGTON — The number of Americans who signed contracts to buy U.S. homes dipped in February from nearly a two-year high, a mixed signal ahead of the spring home-buying season. […]
Average rate on 30-year mortgage dips to 3.88 percent
WASHINGTON — Fixed mortgage remain a bargain at the start of the spring-buying season: The average rate on the 30-year mortgage dipped last week, while the 15-year loan fell to […]
Rate on 30-year mortgage rises to 3.95 percent
WASHINGTON — The average rate on the 30-year fixed mortgage jumped after standing pat for three straight weeks at record lows. But the rate stayed below 4 percent for the […]
Contracts to buy homes rose in June for 2nd month
WASHINGTON — The number of Americans who signed contracts to buy homes rose for a second month in June. But the gain was not enough to signal a rebound in […]
