Thursday, March 23, 2017

Real Estate

In this July 13, 2008, file photo, shows the Freddie Mac headquarters in McLean, Va. (AP Photo/Pablo Martinez Monsivais, File)

WASHINGTON (AP) — After nine straight weeks of increases, long-term US mortgage rates fell this week. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans declined to ...
In this Dec. 6, 2016 file photo, a house is for sale in Coral Gables, Fla. (AP Photo/Alan Diaz)

BY ALEX VEIGA Nate Lowenstein has been shopping for a home in Los Angeles, on and off, for more than a year. His search has been stymied by a stubbornly ...

BY MARTIN CRUTSINGER WASHINGTON (AP) — U.S. builders boosted spending on construction projects for a second straight month in November, pushing activity to the highest level in more than a ...
This Tuesday, Dec. 6, 2016, photo shows a house for sale in Coral Gables, Fla. On Thursday, Dec. 29, 2016, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Alan Diaz)

WASHINGTON (AP) — Long-term US mortgage rates ticked up again this week, staying at their highest levels since early 2014. Mortgage buyer Freddie Mac on Thursday reported the rate on ...
This Tuesday, Dec. 6, 2016, photo shows a house for sale in Coral Gables, Fla. On Wednesday, Dec. 28, 2016, the National Association of Realtors releases its November report on pending home sales, which are seen as a barometer of future purchases. (AP Photo/Alan Diaz)

BY JOSH BOAK WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in November. The decrease likely reflects the drag caused by rising mortgage rates and the shallow inventory ...
This Wednesday, Dec. 7, 2016, photo, shows a house for sale, in Miami. On Tuesday, Dec. 27, 2016, the Standard & Poor's/Case-Shiller 20-city home price index for October is released. (AP Photo/Alan Diaz)

BY PAUL WISEMAN WASHINGTON (AP) — U.S. home prices rose again in October as buyers bidding for scarce properties drove prices higher. The Standard & Poor’s CoreLogic Case-Shiller 20-city home ...
In this May 21, 2014 photo, a sign sits in front of a new home for sale in West Des Moines, Iowa. (AP Photo/Charlie Neibergall, File)

BY PAUL WISEMAN WASHINGTON (AP) — A buying spree in the Midwest spurred new U.S. home sales last month to the fastest pace since July. The Commerce Department said Friday ...
This Wednesday, Dec. 7, 2016, photo shows a house for sale, in Hialeah, Fla. (AP Photo/Alan Diaz)

BY PAUL WISEMAN WASHINGTON (AP) — Americans bought homes in November in the fastest pace in nearly a decade. But rising mortgage rates, a deepening shortage of houses and higher ...
In this Jan. 12, 2015 photo, a builder works on a new apartment building under construction in Phoenix. (AP Photo/Ross D. Franklin)

BY JOSH BOAK WASHINGTON (AP) — Builders pulled back on constructing homes in November, after ground breakings surged in October to the strongest pace in more than nine years. Housing ...
In this Nov. 10, 2016, photo, construction continues on new homes in Canonsburg, Pa. (AP Photo/Gene J. Puskar)

BY ALEX VEIGA U.S. homebuilders’ confidence soared this month to the highest level in 11 years, reflecting heightened expectations of better sales now and well into 2017. The National Association ...
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