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More Than $45 Billion in Rental Assistance Could Soon Be Available. Here's How to Apply
Renters struggling in the pandemic can apply for financial assistance to cover their missed payments. Here’s what you need to know about accessing the cash.
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Creating Safe and Affordable Homes Is Reaching a Crisis Point
Climate disasters across the country have sparked concern about the safety of homes.
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Mortgage Application Demand Stalls as Interest Rates Surge to Highest Level Since July
Mortgage interest rates rose at the fastest pace last week in over a year, throwing cold water on already cooling demand.
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Real Estate Title Firm Doma, Backed by Lennar, to Go Public in Deal With SPAC
Doma has agreed to combine with Capitol Investment Corp. V, a publicly traded special purpose acquisition company.
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11 Million Families Are at Risk of Eviction, Reports the CFPB. Here's How the American Rescue Plan Helps
The Consumer Financial Protection Bureau reports that 8.8M renters and 2M homeowners were “significantly” behind on their housing payments at the end of 2020.
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‘This Bond Market Is So Radically Oversold,' Economist David Rosenberg Says
David Rosenberg of Rosenberg Research predicts inflation fears are temporary, and the 10-year Treasury Note yield will return to 1%.
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Texas Judge Finds National Eviction Ban Unconstitutional
A federal judge in Texas ruled that the national ban on evictions is unconstitutional. Advocates warn of a spike in evictions.
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You Can Now Buy a 3D-Printed Home – Here's a Look Inside
A New York homebuilder has put a 3D-printed home on the market for the first time in the United States, and he is getting a lot of offers.
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Biden Administration May Undo Certain Trump-Era Mortgage Rules
The CFPB said Tuesday it may rewrite or undo Trump-era rules for certain mortgages. Consumer groups say those rules may lead banks to make riskier loans.
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Weekly Mortgage Application Volume Drops 11% as Rates Spike and Texas Power Outages Hurt Demand
Total mortgage application volume fell 11.4% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
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December Home Prices Rose 10.4%, the Biggest Gain in 7 Years, Case-Shiller Says
December is usually the slowest month for the housing market, but price gains didn’t slow down one bit in 2020.
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Ready to Book Your Summer Rental on Nantucket? You're Too Late
The run on Nantucket real estate last summer is now causing a shortage of both homes for sale and rentals, and prices for both are going through the roof.
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Existing Home Sales Rise Slightly in January, But Record Low Supply Weighs on Market
After a brief pullback in December, homebuyers returned to the market, although they are still being hampered by record low supply.
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Lumber Prices Top $1,000 for the First Time as Single-Family Housing Starts Drop 12%
Consumers want more newly built, affordable homes, but builders are finding that hard to deliver, especially as prices for framing lumber spike ever higher.
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‘Hard Landing' for Dubai Property Means It's Now a Buyer's Market, Says UAE Developer Damac
Dubai’s real estate market has made a “hard landing” but lower prices may be a good time for investors looking to buy, said Hussain Sajwani, Damac chairman.
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Mortgage Demand Falls Further as Rates Rise at the Fastest Pace in Months
The average contract interest rate for 30-year fixed-rate mortgages increased to 2.98% from 2.96% last week. Total mortgage application volume fell 5.1% last week from the previous week, according to the Mortgage Bankers Association. Applications to refinance a home loan fell 5% for the week. Mortgage applications to purchase a home fell 6% for the week. Another week of rising…
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Homebuilder Confidence Improves, Despite Record High Lumber Prices
Buyer demand for newly built homes continues to surge, and that is keeping builder confidence high even as building material prices climb.
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Homeowners Can Now Defer Mortgage Payments for an Extra 6 Months—Here's How to Tell If You're Covered
Biden directed federal housing regulators to extend forbearance and foreclosure relief programs for U.S. homeowners on Tuesday.
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Biden Extends Protections for Homeowners. Here's What You Need to Know
Struggling homeowners received some welcome news Tuesday, with the Biden administration announcing it will extend forbearance and foreclosure relief.
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Britain Will Build Its First Hydrogen Fueled Homes by April, Offering Public a Glimpse of the Future
The project is part of a wider effort to decarbonize the U.K.