Home sales may get a boost from the rising prices occurring in the rental market, which is making it cheaper to own rather than rent in a growing number of cities.
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For the first time in three weeks, fixed mortgages rate moved up from their all-time lows, Freddie Mac reports in its weekly mortgage market survey.
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Bank of America announced on Thursday that it will no longer sell some of its mortgages to Fannie Mae.
Effective this month, the nation’s second-largest bank says it will no longer permit mortgages for home purchases, as well as certain refinanced mortgages, to be packaged into Fannie Mae loan securitizations.
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The number of children living in high-poverty areas jumped 25 percent from 2000 to 2010, an alarming finding, according to a new study by the nonprofit group, the Annie E. Casey Foundation.
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According to the National Association of REALTORS®’ quarterly commercial real estate forecast, all of the major commercial real estate sectors are seeing improved fundamentals, but multifamily housing is becoming a landlord’s market, commanding bigger rent increases. These trends also are confirmed in NAR’s recent quarterly Commercial Real Estate Market Survey.
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The Environmental Protection Agency (EPA) recently released its greenhouse gas (GHG) data report in the form of a new online tool — an interactive map that lets members of the public see what facilities are the largest suppliers of fossil fuels and highest direct emitters of greenhouse gases into the atmosphere.
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