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Best no-penalty CDs for February 2020
...are safe if they are either at a Federal Deposit Insurance Corp. (FDIC) bank or at a National Credit Union Administration (NCUA) credit union and within insurance guidelines and limits. Both......

Small banks tell Fed its Libor replacement doesn't work for them
...the letter but declined to comment on its content. The OCC and FDIC didn't respond to requests for comment. With less than two years until the London interbank offered rate is intended to be......

New Home Sales Get Early Start on Spring, Soar to 2007 Levels
...and Daniel Vielhaber wrote in a research note on Monday. “Unemployment and mortgage rates continue to be very low, household formations continue to run hot, while the inventory of existing houses......

‘Zombie’ Foreclosures Are Rising Again
More vacant foreclosures are appearing in some markets. But while pockets of property distress continue to haunt those areas, economists say there’s no need for panic. Vacant homes in foreclosure......

Contract Signings Surge, But They Could Be Even Higher
...wasn’t for a lack of inventory continuing to plague many markets. Pending home sales rebounded in January, rising 5.2% month over month, the National Association of REALTORS® reported Thursday......

New housing permits in Connecticut rise 13.7% in January
...new housing permit numbers "are a good start" to the 2020 new housing market, it was too soon to make any predictions about this key economic indicator. "I don't expect it to continue, with......

Could Tiny Homes Deliver Big Savings?
...upzone their jurisdictions, eliminating single-family-only zoning in favor of a more inclusive housing market,” said Caitlin Walter, vice president of research at National Multifamily Housing......

Golf Courses Are Out & Community Farms Are In: New Sustainably Designed “Agrihood” Launches In Palm Springs
...Miralon during Palm Springs Modernism Week, developer Freehold Communities is seeing immediate home sales within its new sustainably designed community, or “agrihood.” Mid-Century Modern-inspired......

Pending home sales jump by most in more than nine years
...slumping a month earlier, adding to signs of more momentum in the housing market. An index of pending home sales increased 5.2% from the prior month , according to National Association of Realtors......

The iBuyer Trend Has The Biggest Potential For Growth In These 10 Cities
...will be even easier because of a new law passed by the FDIC that increases the threshold for requiring an appraisal from $250,000 to $400,000. The big question is where are the next big markets......

Pending Home Sales Rebound In January As Low Mortgage Rates Provide A Boost
Getty P Pending home sales rose in January, reversing course from December’s decline, according to the National Association of Realtors. Only the West showed a minor drop in month-over-month......

CoreLogic attributes its 4Q growth from shift to an AMC
...offset the impacts of lower tenant screening volumes, currency translation and reduced housing market activity in Australia. PIRM's net earnings from continuing operations was $10.9 million......

Another Brutal Day For Equity Markets; Gold Resumes Its Climb
...the green. Investors have ignored the strong reading from the U.S. new home sales yesterday as well as disregarded the comments ......

Texas home prices are headed higher this year
...probably between 5% and 6% after 3% last year." The Texas housing market heads into 2020 with a surge in activity. "January and February have been really good," Gaines said at a housing outlook......

Refinance rates today, February 27, 2020 | Rates ease
...see where rates are right now? Lenders nationwide respond to Bankrate’s weekday mortgage rates survey to bring you the most current rates available. Here you can see the latest marketplace......

Benchmark mortgage rate slides with financial markets
...3.75 percent, according to Bankrate’s weekly survey of large lenders. Mortgage rates have declined in lockstep with the 10-year Treasury note, which closely tracks mortgage rates. Stocks and......

Will servicers be able to better control costs in the next downturn?
...share of distressed loans with shorter-term, curable delinquencies along with a strong housing market and increased stability in the regulatory landscape are the primary drivers of this decline......

Where iBuyers Are Your Biggest Competition
...metros experiencing strong iBuyer activity will alo likely see a growth in home sales. “It’s a seller’s market right now, but this can be a double-edged sword for sellers who also are looking......

The Share of Single Homeowners Is at Record High
...delayed marriage to put their careers first. Also adding singles to the housing market: the rising number of Americans who have divorced later in life. In 2018, a record 16.1% of people 55......

Homeowners Sound Off on Their Biggest Housing Worries
...home prices have some homeowners concerned, they are still upbeat about the housing market overall. And they’re upbeat about their equity: 55% of respondents said they believe their home’s value......

Why It’s an Epic Time to be a Multifamily Investor
...the economy.  Long-term Safety On an industry specific level, a tight housing market along with shifting demographics has resulted in a decline in home ownership from 70 percent before the......

Existing-home sales are up again in South Florida
...a walkable neighborhood and have a carefree lifestyle," Batchelor said. Total home sales increased by 15.6% year over year, from 1,607 sales in January 2019 to 1,857 sales in January 2020. Condo......

Mortgage application volume up, poised for more growth next week
...gains in purchase volume. At the same time, the MBA's Weekly Mortgage Applications Survey for the week ending Feb. 21 found that the refinance index decreased 1% from the previous week , although......

New Home Sales Spike — But Homebuilders Still Need To Step It Up
especially at lower price points. Getty The number of new home sales hit an almost 13-year high last month, according to data released by the U.S. Census Bureau this morning. In total, new......

Sales of new homes reach highest level since July 2007
...of cheaper borrowing costs, favorable weather and a resilient labor market. Single-family home sales rose 7.9% to a 764,000 annualized pace in January, exceeding the median estimate in a Bloomberg......