Average price of a single-family home in metro Denver passes half-million dollar mark

Average price of a single-family home in metro Denver passes half-million dollar mark

“These new listings may be 'fence-sitters' jumping in as concerns of increasing interest rates mount,” Danyliw said. Rates on the 30-year mortgage have moved from 3.9 percent at the start of the year to 4.43 percent as of March 1, according to a weekly survey from Freddie Mac. That rapid move, however
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Miles: Banking bill could weaken protections, lead to another financial crisis

The Dodd-Frank law established a common-sense rule that lenders should have to verify borrowers' ability to repay their mortgage loan. The Bank Lobbyist Act would dramatically expand a narrow exemption to this rule, so that hundreds of additional, larger financial institutions would no longer have to
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Rhumbline Advisers Raises Stake in Baxter International Inc (NYSE:BAX)

Rhumbline Advisers increased its holdings in Baxter International Inc (NYSE:BAX) by 3.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 887,396 shares of the medical instruments supplier's stock after buying an
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Time to Buy IntelliPharmaCeutics International Inc. (IPCI) After Achieving 52-Week Low?

The stock of IntelliPharmaCeutics International Inc. (NASDAQ:IPCI) hit a new 52-week low and has $0.61 target or 4.00 % below today's $0.64 share price. The 7 months bearish chart indicates high risk for the $22.62 million company. The 1-year low was reported on Mar, 5 by Barchart.com. If the $0.61
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Resmark, a Leading Private Equity Real Estate Investor, Enters Texas Housing Market with Focus …

Zarola, operating from Resmark's newly established office in Austin, will originate and oversee investments in for-sale, single-family housing joint venture developments in Austin, Dallas/Ft. Worth, Houston and San Antonio. In addition to Texas, Resmark's new office will also cover the Colorado and Utah
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Could this new buy-to-let mortgage deal be what landlords have been looking for?

Lenders must assess whether landlords can afford a buy-to-let mortgage not only on where interest rates currently stand, but also if they rise to 5.5 per cent – a process know as 'stress-testing'. However, lenders do not need to apply this 5.5 per cent rate if the deal is for at least five years. Instead, they can
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Just Approved: Advance planning enables jumbo VA home purchase

Background: Rick Weber's clients wanted to purchase a new home in Dublin and take advantage of all the benefits of the Veterans Administration loan program. With limited resources available to the borrowers for a down payment, the low down payment/no mortgage insurance aspects of the VA
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Mitch McConnell Delays Gun Debate in Senate to Take on Bank Bill

The Senate majority leader scheduled a banking reform bill for consideration this week, effectively delaying a debate on gun control in Congress's upper chamber as much of the country turns to Capitol Hill to take on firearms regulations. Senator Mitch McConnell, Republican of Kentucky, announced on
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NewDay USA Names Garrison Foster New SVP

“Garrison will be a real partner in building NewDay into the number one VA mortgage banking company in the nation to assist veterans in taking advantage of their valuable VA benefits to purchase a home,” said Rob Posner, Chief Executive Officer of NewDay USA. “It is an honor to have a Marine
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Oppose S. 2155, the “Economic Growth, Regulatory Relief and Consumer Protection Act”

In 2015, the CFPB finalized a rule that now requires most mortgage lenders to report more detailed HMDA data about the loans they make, including specific details such as the total points and fees, the difference between the annual percentage rate paid compared to the benchmark rate for all loans,
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Analysts are on the Bearish side about Stewart Information Services Corporation (NYSE:STC) this …

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction services worldwide. The company has market cap of $944.77 million. It operates through two divisions, Title Insurance and Related Services, and Ancillary Services and Corporate
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Oscars Audience Tumbles From Year Ago, Preliminary Data Show

The audience for Sunday's Oscar telecast, a marathon show that ran almost four hours, tumbled from a year ago, according to preliminary Nielsen data from ABC. The overnight rating for the show, an estimate of the percentage of homes tuned it to the program, fell to 18.9, down about 16 percent from
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Temple built under a high-tension wire demolished by MCC

… a complaint when he lost his 10-year-old son was electrocuted to death on coming to contact with a live wire when arrangements were being made for a ceremony at the temple. Narayana subsequently moved court demanding justice, and named the MCC, the housing board and the temple as parties.
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Mobile Banking Trojans as Keen on Cryptocurrency as PC Malware

Recent research from IBM X-Force highlighted banking Trojan operators' increasing interest in stealing cryptocurrency and analyzed a webinjection scheme the TrickBot Trojan used to deliver stolen coins to attackers' wallets. This trend by no means skipped the mobile malware realm. Mobile malware
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Latest plans to tackle housing bring 'distinct feeling of deja vu'

I've made it my personal mission to fix our broken housing market – figures today show the number of first-time buyers has reached an 11-year high. We must do more, but initiatives like Help to Buy and cutting stamp duty for many are truly helping more people own their own home. pic.twitter.com/
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Report says real estate market to stay buyer-friendly in 2018 due to lakhs of unsold housing units

A significant amount of unsold inventory, as much as 4.4 lakh housing units across the country at the end of 2017, is expected to ensure that capital values across most markets will be kept buyer friendly to ensure sales velocity, says a report by JLL India. As many as 4.4 lakh residential units remain
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Inflation Clarity Eludes the Fed and Markets

That triggered a material change in the composition of consumer prices, shifting the product/service mix from 54 percent/46 percent to 25 percent/75 percent, and reduced the sensitivity of core consumer prices to demand-pull factors, such as an increase in housing prices. House price inflation is no
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How a real estate agent made the most of attending the Oscars

Both Chalamet and Fender attended LaGuardia High School of Music and Art and the Performing Arts, known to most as the “Fame School,” and before she went into real estate, Flender was a dancer, performing in Broadway musicals, she said. #TimothéeChalamet at the #Oscars, as drawn by @j.a.k._.
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Investors Love the Franchise Model, Until They Hate It

As restaurants find their costs going up faster than their revenue, this will be an increasing concern for franchise-heavy restaurants. That's not just a theory: Subway closed 900 locations in 2017. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
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ESL, Lyons Bank led small business lending program in February

ESL Federal Credit Union led in the number of loans in a federally backed small business loan program in February in the Buffalo-Rochester region. Rochester-based ESL recorded 18 of the U.S. Small Business Administration's 7(a) loans. Lyons National Bank, based in Wayne County, led in dollar
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