Real estate

FILE - This June 13, 2019, file photo shows a new home is for sale in Mechanicsville, Va. On Thursday, July 18, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/Steve Helber, File)
July 18, 2019 - 1:29 pm
WASHINGTON (AP) — U.S. long-term mortgage rates rose this week after three weeks of holding steady, tipped higher by expectations that the Federal Reserve could reduce interest rates soon. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year mortgage increased to 3.81...
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In this June 19, 2019, photo Larry McGee balances along a roof edge as he carries roof over ridge vent that he and others will be laying down on a new house in a Brandon, Miss., neighborhood. On Wednesday, July 17, the Commerce Department reports on U.S. home construction in June. (AP Photo/Rogelio V. Solis)
July 17, 2019 - 9:39 am
WASHINGTON (AP) — U.S. home construction slipped last month as an uptick in the building of single-family homes was offset by a big drop in apartment construction. The Commerce Department said Wednesday that construction was started at a seasonally adjusted annual rate of 1.25 million in June, down...
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Former Honolulu deputy prosecutor Katherine Kealoha walks into federal court for a hearing to decide if she should be held while awaiting sentencing on conspiracy charges, Friday, June 28, 2019 in Honolulu. U.S. attorneys want Kealoha locked up now that jurors have found her guilty of conspiracy in a plot to frame a relative. Kealoha and her now-retired police chief husband Louis Kealoha were convicted Thursday. (AP Photo/Caleb Jones)
June 28, 2019 - 10:24 pm
HONOLULU (AP) — Two U.S. marshals led a former Honolulu prosecutor out of a courtroom Friday when a U.S. judge ordered her detained after a jury found her guilty of conspiracy and he expressed concern that she could try to obstruct justice before being sentenced. Katherine Kealoha left her purse...
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Paul Manafort arrives in court, Thursday, June 27, 2019 in New York. President Trump’s former campaign manager is to be arraigned on state mortgage fraud charges. (AP Photo/Seth Wenig)
June 27, 2019 - 4:24 pm
NEW YORK (AP) — Paul Manafort, the imprisoned former chairman of President Donald Trump's 2016 campaign, pleaded not guilty Thursday to New York state mortgage fraud charges that could keep him locked up even if Trump pardons him for federal crimes uncovered during the probe of Russian election...
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In this June 13, 2019, photo a house on the market has a "sold pending" sign fixed on the realtor's sign in northeast Jackson, Miss. On Thursday, June 27, the National Association of Realtors releases its May report on pending home sales, which are seen as a barometer of future purchases. (AP Photo/Rogelio V. Solis)
June 27, 2019 - 10:11 am
WASHINGTON (AP) — More Americans signed contracts to purchase homes in May compared with the prior month, a sign buyers may be ready take advantage of low interest rates and stabilizing home prices. The National Association of Realtors says that its pending home sales index rose 1.1% to a reading...
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In this June 13, 2019, photo a house on the market has a "new price" sign fixed on the realtor's sign in northeast Jackson, Miss. On Tuesday, June 25, the Standard & Poor's/Case-Shiller 20-city home price index for April is released. (AP Photo/Rogelio V. Solis)
June 25, 2019 - 10:12 am
WASHINGTON (AP) — U.S. home price gains slowed for the 13th straight month in April, evidence that weaker demand is keeping prices in check even as mortgage rates fall. The S&P CoreLogic Case-Shiller 20-city home price index rose 2.5% in April from a year earlier, down slightly from an annual...
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In this June 13, 2019, photo a new home is under construction in Mechanicsville, Va. On Tuesday, June 25, The Commerce Department reports on sales of new homes in May. (AP Photo/Steve Helber)
June 25, 2019 - 10:08 am
WASHINGTON (AP) — Sales of new U.S. homes slumped 7.8% in May, as sales plunged in the pricier Northeastern and Western markets. The Commerce Department said Tuesday that new homes sold at a seasonally adjusted annual rate of 626,000 in May, down from 679,000 in April. During the first five months...
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In this June 13, 2019, photo a new home is under construction in Mechanicsville, Va. On Tuesday, June 25, The Commerce Department reports on sales of new homes in May. (AP Photo/Steve Helber)
June 25, 2019 - 10:01 am
WASHINGTON (AP) — Sales of new U.S. homes slumped 7.8% in May, as sales plunged in the pricier Northeastern and Western markets. The Commerce Department says that new homes sold at a seasonally adjusted annual rate of 626,000 in May, down from 679,000 in April. During the first five months of the...
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FILE - In this June 4, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a conference involving its review of its interest-rate policy strategy and communications in Chicago. On Wednesday, June 19, the Federal Reserve releases its latest monetary policy statement and updated economic projections. (AP Photo/Kiichiro Sato, File)
June 17, 2019 - 11:59 am
WASHINGTON (AP) — Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut interest rates for the first time in over a decade. Probably not quite yet, though. When the Fed issues a policy statement Wednesday and Powell holds a news conference...
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FILE - This April 13, 2019, file photo, shows rows of homes, in suburban Salt Lake City. On Thursday, June 6, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Rick Bowmer, File)
June 06, 2019 - 12:45 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017. The declining rates have been a boon to potential purchasers in the spring home buying season, and the number of...
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