The housing market is stronger today than at any point since the Great Recession and has made progress in several key areas after hitting bottom in 2009, according to Freddie Mac researchers.
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While it hasn’t been this easy to get a mortgage in years, experts say that underwriting is nowhere near as loose as it was in 2005 and 2006.
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The time it takes for banks to complete a foreclosure on a property has ticked up 20 percent in the first quarter compared to year-ago levels, RealtyTrac reports.
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Home owners in the San Jose, Calif., metro area have the highest median income in the nation, nearly $50,000 higher than the national average.
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Following two weeks of increases, average fixed-rate mortgages inched down this week, providing buyers some relief heading into the spring home-buying season.
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A new report finds that living in sprawling metropolitan areas has major repercussions on people’s ability to move up the economic ladder.
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