Home buying

December 01, 2017 - 11:09 pm
The Senate is weighing a roughly $1.4 trillion tax overhaul. Some late changes were made to the bill Friday. The House passed a nearly $1.5 trillion tax bill two weeks ago that differs in key respects. A comparison of the two Republican-written measures: —Personal income tax rates: Senate bill...
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This Tuesday, May 24, 2016, photo shows a "Sale Pending" sign in front of a house in North Andover, Mass. On Wednesday, Nov. 29, 2017, the National Association of Realtors releases its October report on pending home sales, which are seen as a barometer of future purchases. (AP Photo/Elise Amendola)
November 29, 2017 - 10:22 am
WASHINGTON (AP) — More people signed contracts in October to buy homes, ending three straight months of declines. The National Association of Realtors said Wednesday that its index of pending home sales jumped 3.5 percent to 109.3 in October. Despite the increase, the index remains slightly below...
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In this Wednesday, April 20, 2016, photo, real estate agent Lauren Newman, right, shows client Steve Martin a home for sale in Mount Pleasant, S.C. On Tuesday, Nov. 28, 2017, the Standard & Poor's/Case-Shiller 20-city home price index for September is released. (AP Photo/Chuck Burton)
November 28, 2017 - 9:43 am
WASHINGTON (AP) — U.S. home prices rose at the fastest pace in more than three years in September, lifted by a record-low supply of houses for sale. The Standard & Poor's CoreLogic Case-Shiller national home price index released Tuesday rose 6.2 percent in September from a year earlier, the...
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November 27, 2017 - 10:07 am
WASHINGTON (AP) — Americans bought new homes in October at the fastest pace in a decade — a 6.2 percent monthly increase that reflects both the underlying strength of the economy and the worsening shortage of existing homes for sale. The Commerce Department says new-home sales last month rose to a...
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Bidding representatives react after Leonardo da Vinci's "Salvator Mundi" sold for $400 million at Christie's, Wednesday, Nov. 15, 2017, in New York. (AP Photo/Julie Jacobson)
November 16, 2017 - 1:37 am
NEW YORK (AP) — A painting of Christ by the Renaissance master Leonardo da Vinci sold for a record $450 million (380 million euros) at auction on Wednesday, smashing previous records for artworks sold at auction or privately. The painting, "Salvator Mundi," Latin for "Savior of the World," is one...
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November 07, 2017 - 8:52 pm
Texas church shooter Devin Patrick Kelley's history of domestic abuse barred him from legally buying guns, but he did so anyway because information about his crimes was never entered into a federal database used for background checks. Kelley is just the latest recent U.S. mass shooter to amass...
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President Donald Trump holds an example of what a new tax form may look like during a meeting on tax policy with Republican lawmakers in the Cabinet Room of the White House, Thursday, Nov. 2, 2017, in Washington, with House Speaker Paul Ryan, R-Wis., and Chairman of the House Ways and Means Committee Rep. Kevin Brady, R-Texas, right. (AP Photo/Evan Vucci)
November 02, 2017 - 6:26 pm
WASHINGTON (AP) — With fanfare and a White House kickoff, House Republicans unfurled a broad tax-overhaul plan Thursday that would touch virtually all Americans and the economy's every corner, mingling sharply lower rates for corporations and reduced personal taxes for many with fewer deductions...
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FILE - This Tuesday, May 24, 2016, file photo shows a "Sold" sign in front of a house in Andover, Mass. On Tuesday, Oct. 31, 2017, the Standard & Poor's/Case-Shiller 20-city home price index for August is released. (AP Photo/Elise Amendola, File)
October 31, 2017 - 9:02 am
WASHINGTON (AP) — U.S. home prices rose at a healthy clip in August from a year ago, a trend that is thwarting many would-be buyers and potentially slowing sales. The Standard & Poor's CoreLogic Case-Shiller national home price index increased 6.1 percent in August from a year earlier. That's...
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October 30, 2017 - 7:23 am
NEW YORK (AP) — Lennar is buying CalAtlantic Group in a $5.7 billion deal that will create the nation's largest homebuilder as sales of new homes reach levels not seen in a decade. The acquisition, which also includes $3.6 billion in debt, creates a company with a footprint in 21 states. The...
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This Tuesday, Oct. 17, 2017, photo shows a home for sale in Fort Washington, Pa. On Thursday, Oct. 26, 2017, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Matt Rourke)
October 26, 2017 - 10:57 am
WASHINGTON (AP) — The costs of borrowing to buy a home increased slightly this week, but U.S. mortgage rates are still near relative lows. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages rose to 3.94 percent from 3.88 percent last week. At this time...
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