Browsing Category 'News'

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The number of Americans who signed contracts to buy homes in November rose to the highest level in a year and a half. The best reading on pending homes sales since a federal home-buying tax credit expired appeared to encourage traders on Wall Street. Still, the National Association of Realtors cautioned that a growing number […]

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map_of_chandler_az

CHANDLER — The developer behind New York City’s famed Rockefeller Center will soon begin marketing an office park in the Phoenix suburb of Chandler that would boast the city’s tallest buildings. The Rockefeller Group Development Corp. wants to begin work on an eight-story office tower in Chandler and then add two more office buildings of up to […]

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Mortgage-rate-111215

The average rate on the 30-year fixed mortgage fell back down to 3.94 percent, the record low set earlier in the fall. Low rates offer a historic opportunity for those who can afford to buy or refinance. Still, few people are able to take advantage of the record-low rates or have already done so. The […]

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citiandwells

Wells Fargo (WFC: 25.76 -0.39%) and Citigroup (C: 26.08 +0.12%) continue on pace to score high marks for foreclosure prevention in 2011, according to Fannie Mae. The government-sponsored enterprise released its third-quarter list of top servicers Thursday. Ally Financial(GJM: 20.23 -0.15%) and Everhome Mortgage joined Wells Fargo and Citi among the largest servicers on track to perform at or above a median level. Bank of America (BAC: […]

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New-Home-Sales

NEW YORK — If the U.S. economy does not suffer more setbacks, the rate of mortgage holders behind on their payments should decline significantly by the end of next year, according to credit reporting agency TransUnion. Mortgage delinquency rates — the ratio of borrowers 60 or more days behind on their payments — will likely […]

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