Real estate

FILE In this this June 27, 2018 file photo, construction continues on a home behind a for sale sign in Waukee, Iowa. U.S. homebuilders sharply curtailed the pace of construction in June as housing starts plummeted 12.3 percent. The Commerce Department said Wednesday, July 18, that housing starts fell to a seasonally adjusted annual rate of 1.17 million from 1.34 million in May. (AP Photo/Charlie Neibergall, File)
July 18, 2018 - 9:14 am
WASHINGTON (AP) — U.S. homebuilders sharply curtailed the pace of construction in June as housing starts plummeted 12.3 percent. The Commerce Department said Wednesday that housing starts fell to a seasonally adjusted annual rate of 1.17 million from 1.34 million in May. June's pace of construction...
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In this June 8, 2018, photo a for sale sign stands in front of a house, in Jenkintown, Pa. On Thursday, July 12, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Matt Rourke)
July 12, 2018 - 10:42 am
WASHINGTON (AP) — Long-term U.S. mortgage rates edged higher this week, marking their first increase since early June. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages ticked up to 4.53 percent from 4.52 percent a week earlier. Despite the decline in recent weeks,...
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In this Wednesday, June 27, 2018, photo, an open house sign is seen on a street corner in Waukee, Iowa. On Thursday, July 5, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Charlie Neibergall)
July 05, 2018 - 10:22 am
WASHINGTON (AP) — Long-term U.S. mortgage rates fell this week, offering a slight degree of relief to would-be homebuyers. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages dropped to 4.52 percent from 4.55 percent a week ago. Rates have declined in five of the past...
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In this Wednesday, June 27, 2018, photo, construction continues on a home behind a for sale sign in Waukee, Iowa. On Monday, July 2, the Commerce Department reports on U.S. construction spending in May. (AP Photo/Charlie Neibergall)
July 02, 2018 - 10:50 am
WASHINGTON (AP) — Spending on U.S. construction projects edged up 0.4 percent in May, while April's figure was revised down significantly — signs that new building is still uneven despite a growing economy. The uptick in May brought total construction spending to a seasonally adjusted all-time high...
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This Wednesday, June 20, 2018, photo shows a home for sale in Alameda, Calif. On Tuesday, June 26, the Standard & Poor's/Case-Shiller 20-city home price index for April is released. (AP Photo/Ben Margot)
June 26, 2018 - 9:38 am
WASHINGTON (AP) — U.S. home prices rose in April from a year earlier, lifted by bidding wars in many cities where would-be buyers fought over a sparse supply of homes. The S&P CoreLogic Case-Shiller 20-city home price index moved up 6.6 percent from a year earlier, led by outsize gains in...
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This May 25, 2018, photo shows a home under construction in Hampton Township, Pa. On Tuesday, June 19, the Commerce Department reports on U.S. home construction in May. (AP Photo/Ted Shaffrey)
June 19, 2018 - 8:36 am
WASHINGTON (AP) — A surge of construction in the Midwest drove U.S. housing starts up 5 percent in May from the prior month. The Commerce Department said Wednesday that housing starts rose to a seasonally adjusted annual rate of 1.35 million, the strongest pace since July 2007. All of May's...
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FILE- In this March 21, 2018, file photo, Federal Reserve Chairman Jerome Powell speaks following the Federal Open Market Committee meeting in Washington. Investors are eagerly awaiting the updated economic forecasts the Fed will issue when its meeting ends Wednesday, June 13. (AP Photo/Carolyn Kaster, File)
June 13, 2018 - 2:04 pm
WASHINGTON (AP) — The Latest on the Federal Reserve policy meeting (all times local): 2 p.m. As widely anticipated, the Federal Reserve has raised its short-term federal fund rate — what banks charge each other— by 0.25 points to a range of 1.75 to 2 percent. Fed officials voted unanimously on...
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In this Wednesday, March 28, 2018, photo, a sold sign is shown outside a single-family home on the market in Denver. On Thursday, May 31, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/David Zalubowski, File)
May 31, 2018 - 1:43 pm
WASHINGTON (AP) — Long-term U.S. mortgage rates fell this week, breaking a steady climb that pushed them to their highest levels in seven years. It was the first decline in four weeks in long-term loan rates amid the peak home buying season. Mortgage buyer Freddie Mac said Thursday the average rate...
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FILE- In this April 23, 2018, file photo a for sale sign sits in front of a home in Jackson, Miss. On Thursday, May 24, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Rogelio V. Solis, File)
May 24, 2018 - 10:41 am
WASHINGTON (AP) — Long-term U.S. mortgage rates rose this week, continuing at their highest levels in seven years amid the peak home buying season. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages was 4.66 percent, up from 4.61 percent last week. Pushing toward the...
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FILE- This May 4, 2018, file photo shows a house is under construction in Roseville, Calif. On Wednesday, May 23, the Commerce Department reports on sales of new homes in April. (AP Photo/Rich Pedroncelli, File)
May 23, 2018 - 11:21 am
WASHINGTON (AP) — Sales of new U.S. homes fell 1.5 percent in April, held down by a shortage of affordable houses in the most desirable areas and sharp pullback in purchases in the western United States. The Commerce Department said Wednesday that new homes sold last month at a seasonally adjusted...
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