The largest brokerages ramped up their business last year, with the nation’s top 20 brokerages by sales volume all reporting double-digit growth.
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The Consumer Financial Protection Bureau is working to improve the closing process, with several changes to go into effect by August 2015.
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Mortgage applications fell to the lowest level since December 2000, as higher rates, new regulation, and tight inventory continue to plague the market, the MBA reports.
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“The deferral of marriage has such a staggering impact on real estate, and I just don’t think people focus on it,” says Sam Zell, billionaire real estate developer and founder of Equity Residential.
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North Dakota, Nebraska, and West Virginia borrowers are making some of the lowest average down payments on homes in the country, while New Jersey and New York borrowers are making some of the highest, according to a new LendingTree analysis.
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Thirty-nine Georgia residents will make 8% interest on their loans to a home renovator whose project hits the market this week.
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