Real estate

June 03, 2019 - 10:05 am
WASHINGTON (AP) — Spending on U.S. construction projects was unchanged in April as another decline in home construction was offset by a big gain in government spending on projects like highways and hospitals. The Commerce Department says the flat reading followed a small increase of 0.1% in March,...
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FILE - In this Wednesday, Feb. 20, 2019, photo a price reduced for sale sign sit in front of a home in north Dallas. On Thursday, May 30, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/LM Otero, File)
May 30, 2019 - 2:45 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell for the fifth consecutive week, tipping the key 30-year loan average below 4% for the first time in nearly a year and a half. The declining rates have been a boon to potential purchasers in the spring home buying season. Mortgage buyer Freddie...
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Traders Patrick Casey, left, and Gregory Rowe work on the floor of the New York Stock Exchange, Thursday, May 30, 2019. Stocks are edging higher in early trading on Wall Street following two days of losses. (AP Photo/Richard Drew)
May 30, 2019 - 1:57 pm
Major U.S. stock indexes edged higher in afternoon trading Thursday, barely holding on to gains after an early rally lost momentum. The market's modest pickup comes after two days of losses, which helped keep the S&P 500 on track for its fourth weekly loss and its first monthly decline of the...
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FILE- In this Feb. 20, 2019, file photo a coming soon for sale sign sits in front of a home in the Dallas suburb of Richardson, Texas. On Thursday, May 23, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/LM Otero, File)
May 23, 2019 - 10:47 am
WASHINGTON (AP) — U.S. long-term mortgage rates fell slightly this week, marking a fourth straight week of declines to lure prospective purchasers in the spring homebuying season. Mortgage buyer Freddie Mac says the average rate on the 30-year, fixed-rate mortgage slipped to 4.06% from 4.07% last...
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FILE- In this Feb. 21, 2019, file photo a newly constructed homes sit near a sign in Natick, Mass. On Thursday, May 23, the Commerce Department reports on sales of new homes in April. (AP Photo/Steven Senne, File)
May 23, 2019 - 10:04 am
WASHINGTON (AP) — Sales of new U.S. homes sank 6.9% in April, driven by a decline in the sale of homes worth less than $300,000 that are generally bought by middle class and first-time buyers. The Commerce Department said Thursday that new homes sold at a seasonally adjusted annual rate of 673,000...
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Former Honolulu police chief Louis Kealoha, second from right, and his former deputy city prosecutor wife Katherine Kealoha, right, walk into federal court in Honolulu on Wednesday, May 22, 2019. A trial for what has been described as the biggest corruption case in Hawaii history began Wednesday for the couple, who are accused of conspiring to frame Katherine Kealoha's uncle for a crime he did not commit. The Kealoha's were indicted on charges including conspiracy and obstruction. Federal authorities began investigating the two in 2015 and both stepped down from their jobs as the probe deepened. (AP Photo/Caleb Jones)
May 22, 2019 - 10:29 pm
HONOLULU (AP) — The former Honolulu deputy prosecutor accused of framing her uncle to keep him from exposing financial fraud that supported the lavish lifestyle of her and her husband -- a now-retired city police chief -- comes from a big family with complicated relationships, her defense attorney...
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FILE- In this Feb. 17, 2019, file photo rows of unsold 2019 Escape sports-utility vehicles sit in long rows at a Ford dealership in Broomfield, Colo. On Wednesday, May 15, the Commerce Department releases U.S. retail sales data for April. (AP Photo/David Zalubowski, File)
May 15, 2019 - 9:07 am
WASHINGTON (AP) — U.S. retail sales declined last month, as Americans cut back their spending on clothes, appliances, and home and garden supplies. Sales dropped 0.2% in April, the Commerce Department said Wednesday, after a big 1.7% jump in March. Car sales dropped 1.1% last month and sales at...
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FILE - This Jan. 14, 2019, photo, shows a sign outside a home that has been sold, in Mount Lebanon, Pa. On Thursday, May 9, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Gene J. Puskar, File)
May 09, 2019 - 12:20 pm
WASHINGTON (AP) — U.S. long-term mortgage rates declined this week for a second straight week, reversing the upward trend in April as a lure to potential home buyers. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage fell to 4.10% from 4.14% last week. By...
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In this Friday, April 12, 2019 photo, a sold sign is shown in front of a home in Surfside, Fla. On Thursday, April 25, Freddie Mac reports on this week’s average U.S. mortgage rates.(AP Photo/Wilfredo Lee)
April 25, 2019 - 12:21 pm
WASHINGTON (AP) — U.S. long-term mortgage rates rose this week for the fourth straight week, though they remain historically low as a spur to home sales in the spring buying season. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage increased to 4.20% from...
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FILE- In this Feb. 21, 2019, file photo a recently constructed home, left, is reflected in water, in Natick, Mass. Before squeezing every last nickel into a down payment on a home mortgage, set some cash aside to handle unexpected expenses after the closing. (AP Photo/Steven Senne, File)
April 25, 2019 - 10:01 am
Maximizing a home down payment can make sense: The bigger the down payment, the lower the monthly mortgage bill and the better the chance of building equity more quickly. But putting too much down could leave you without enough cash for home maintenance — or anything else. Pinpointing the right...
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