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Reduce Holdings On Regional Banks BB&T, PNC And Two Others, Here's Why
doesn’t either, as she seems to be ignoring cautious comments by FDIC Chair Martin J. Gruenberg. The FDIC released its Quarterly Banking Profile for the second quarter of 2017 during the last......

Rise in Construction Jobs, Permits Bodes Well for Housing
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Potential First-time Buyers Still on the Sidelines
raised rates from 0-0.25 percent to 1.00-1.25 percent, but mortgage rates have not kicked up correspondingly. Economists do see interest rates moving up as the Federal Reserve winds down its......

Expert: There’s Only One Way to Remain “100 Percent” Cyber Secure
implement best practices, we educate ourselves and we stay vigilant,” Edgerton said. NAR has worked hard to educate its membership about the hacking threats facing real estate transactions......

Tide of foreclosures is rising in Houston's flooded housing market
Houston's housing market will be in recovery mode for a while following epic floods from Hurricane Harvey. But the Bayou City's residential market was already sinking before Hurricane Harvey......

Shortage of listings pushing home prices higher in South Florida
16% decline in that price range. Adobe Stock "What's ailing the housing market and continues to weigh on overall sales is the inadequate levels of available inventory and the upward pressure......

Delinquencies in areas affected by Harvey jump 16%
from July and down 148,000 from August a year ago. When foreclosures are added to the delinquent-loan total for August, it rises to almost 2.4 million. Prepayments also were more frequent......

Fed Hints at Looming December Rate Hike
June at a range of between 1 percent and 1.25 percent. Mortgage rates are only loosely tied to the Fed’s short-term rates, but the Fed’s actions do have some influence. Mortgage rates, for......

Fall May Be Best Time for Buyers to Move
7 percent higher than an existing home. Home buyers may find attractive mortgage rates this fall. Mortgage rates are still under the 4 percent psychological threshold, which can be a luring......

IL Home Sales Continue Slide
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Mortgage rates rise after nearly two months of declines
The 30-year fixed-rate mortgage averaged 3.83% for the week ending Sept. 21, up from last week when it averaged......

Maine home sales get late-summer boost
economy got a late-summer boost in August, with year-over-year increases in both home sales volume and median sale price. Sales of existing single-family homes in Maine increased by 6.4% in......

Student Loan Debt Adversely Affecting Millennials
In NAR’s first report on student loan debt in 2016, survey respondents were among a wide age range, from Millennials to Generation X to Baby Boomers and the Silent Generation. This......

Hurricanes Push Economy To Tipping Point
in August (was 18 million units as late as last December). July new home sales were down -9.4% from June and existing home sales fell -1.3% over that same time frame. Bank lending has become......

The How To Guide To Immediate Mortgage Approval
then decisioning your mortgage getting is a keystroke. The vast majority of mortgage applications are decisioned with an algorithm, not a human being. Underwriting engines process, digest and......

National mortgage rates for Sept. 20, 2017
About our Mortgage Rate Tables: The above mortgage loan information is provided to, or obtained by, Bankrate. Some lenders provide their mortgage loan terms to Bankrate for advertising purposes and......

How to Approach Mixed-Income Communities
right mix is different for each development and varies depending on the housing market in a city, the public housing authority, the developer, the neighborhood context and the number of public......

Peak Campus to Manage 587-Bed Student Housing Complex in Minneapolis
of Metro Park East, a best-in-class asset in such a dynamic student housing market. DRA is excited to partner with industry experts, Peak Campus , due to their proven track record of market-leading......

August 2017 Existing-Home Sales
NAR released a summary of existing-home sales data showing that housing market activity this August slipped 1.7 percent from last month but modestly improved 0.2 percent......

Fed's Unwinding Of Crisis Programs Expected To Push Up Interest Rates Very Gradually
crisis. That helped stabilize the market for those securities and revive the housing market. Over a series of three quantitative easing programs, the Fed also bought close to $2 trillion in......

Wisconsin housing market caps solid summer with uptick in August sales
from $170,000. Paul Gores / Milwaukee Journal Sentinel "The traditional summer housing market typically starts in May and runs through August, and this year was a good summer for home sales......

Austin-area home sales up slightly in August
Central Texas home sales edged up only slightly in August, while the median home-sale price rose 4% to $300,000, the Austin Board of Realtors said Tuesday. Some local real estate agents say......

Existing-home sales fall to a one-year low after Harvey
excluding Harvey's effect, sales would have been "flat," according to NAR's chief economist. The median sales price rose 5.6% year-to-year to $253,500. Inventory of available properties decreased......

Mortgage application volume slows as summer ends
the Mortgage Bankers Association. The MBA's Weekly Mortgage Applications Survey for the week ending Sept. 15 found the......

Existing-Home Sales Subside 1.7 Percent in August
percent above last August, and is the lowest since then. Lawrence Yun, NAR chief economist, says the slump in existing sales stretched into August despite what remains a solid level of demand......