On Monday, the U.S. House passed the National Windstorm Impact Reduction Act (H.R. 1786) to reauthorize funding for three years to study windstorms and how to mitigate property damage.
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National averages on fixed-rate mortgages inched down this week, keeping borrowing costs near historic lows, Freddie Mac reports.
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“From an individual perspective, the best-deal investment you can make is to buy a primary residence that you’re the owner-occupier of,” says hedge fund manager John Paulson.
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In the second quarter of 2014, the national average time to complete a foreclosure was 577 days — or more than a year and a half.
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Sixty-seven percent of consumers say they’re planning a home renovation within the next six months. Find out which remodeling jobs they’re targeting and how much they’re willing to spend.
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Housing production fell 9.3 percent nationwide in June, pulled down by a sharp decline in housing starts in the South. Meanwhile, gains were posted in every other region.
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