“These are the Susan Luccis of neighborhoods, finally getting their due,” says Redfin’s CEO about the cities making this year’s hottest neighborhood list.
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Applications for home purchases edged up 12 percent last week, the Mortgage Bankers Association reports.
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The Consumer Financial Protection Bureau’s Qualified Mortgage rule, which took effect last week, could greatly restrict mortgage credit and stall the housing recovery, lawmakers and mortgage leaders said during a House subcommittee meeting Tuesday.
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“This is something we expected,” says Wells Fargo’s chief financial officer about the decrease in residential mortgage lending.
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The search-engine giant is jumping in on the latest trend of “connected homes” by acquiring the connected device maker Nest.
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A new court decision could raise havoc with many of the Internet marketing techniques commonly used by agents.
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