The housing industry has blamed banks’ tight mortgage standards as holding many potential buyers back. But some banks are finally loosening some of their standards, a new report shows.
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The blaze in Colorado continues to engulf more acres and homes as firefighters work to try to contain what one mayor is calling a “firestorm of epic proportions.”
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“Mortgage rates were virtually unchanged this week hovering at or near record lows and should further help to support a recovering housing market,” says Freddie Mac’s chief economist.
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The Consumer Financial Protection Bureau warns in a new report that reverse mortgages aren’t being used as they were originally intended by lawmakers and may put some seniors’ homes at risk.
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It’s official: Larry Ellison is now the new owner of one of the tourist hot-spot islands in Hawaii.
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Many more Americans can anticipate flooding and damage during this year’s hurricane season. HouseLogic has information that can help them cope with flooding.
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