With fewer home owners refinancing their mortgages because of rising interest rates, banks may soon relax their lending standards to ramp up business, according to the Mortgage Bankers Association.
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Twenty-somethings say they want to buy a home, but they recognize that it will likely take them longer to achieve.
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Two women in Houston posing as a real estate agent and a home buyer conned sellers into leaving their homes for showings so the duo could rob their houses, according to police.
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Even though renters insurance is relatively affordable, 65 percent of renters don’t purchase coverage, according to the Insurance Information Institute.
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Home buyers once saw short sales as big bargains, but their appeal has fizzled in some parts of the country — so much so that some real estate professionals are advertising listings as “not a short sale” to attract more buyers.
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Lenders seized 36,964 U.S. homes in July, 31 percent fewer than a year earlier, reports RealtyTrac.
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