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Mortgage application volume took a big hit last week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, plummeted 13.3 percent on a seasonally adjusted basis compared to the […]
New home sales rise up despite affordability headwinds
October 25, 2023
Mariel Alumit
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New home sales figures exceeded projections in September despite mortgage rates at 23-year high, declining mortgage applications and waning builder confidence. In September, the sales pace of new homes picked up considerably, up 12.3% compared […]
Credit Suisse Brings U.S. Bank Panic Home for European Real Estate
March 17, 2023
Mark Paul Cervantes
Financial Markets, International, Top News, U.S Real Estate News
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Credit Suisse, the Swiss multinational investment bank, has brought the U.S. bank panic home to Europe’s real estate market. The bank’s decision to halt lending on some real estate deals has caused panic among European […]