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Mortgage Apps Rise on Temporary Rate Retreat

by devteam June 24th, 2015

Mortgage applications, which posted eight declines in the last nine weeks, recovered a bit during the week ended June 19. The Mortgage Bankers Association (MBA) said mortgage applications posted gains in all categories and the Market Composite Index,

New Home Sales an Astounding 19.5% Higher Year-Over-Year

by devteam June 23rd, 2015

The good news in housing continued this morning with a report on May new home sales. According to the Census Bureau and the Department of Housing and Urban Development (HUD) sales of newly constructed home s rose 2.2 percent compared to April to a seasonally

FHFA Reports Respectable April Home Price Increases

by devteam June 23rd, 2015

Prices across the U.S. rose 0.3 percent on a seasonally adjusted basis in April compared to March the Federal Housing Finance Agency (FHFA) said today. On an annual basis prices were up 5.3 percent. FHFA's House Price Index (HPI) is calculated using home

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