First-time homebuyers help drive Home Depot to record sales, earnings

First-time homebuyers help drive Home Depot to record sales, earnings

Carol Tome, Home Depot's chief financial officer, said higher home values, steady sales and a “real emergence of first-time homebuyers” are driving
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Advisers need to be prepared for later-life borrowing needs

More customers than ever before are considering unlocking equity from their home, and thus the lifetime mortgage market is seeing unprecedented
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Airbnb CEO Brian Chesky Has a Strong Message for White Supremacists

Airbnb CEO Brian Chesky wants users to know exactly where his company stands on the ongoings in Charlottesville last weekend. In the days before
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China's July new loans fall to 8-month low as curbs bite

BEIJING (Reuters) – China's new loans in July fell to their lowest in 8 months due to property curbs that have cooled mortgage lending and seasonal
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Canada Housing Sales Extend Declines in July

The association said a closely watched gauge suggested Canada's housing market remained in balanced territory with the national sales-to-new
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4thWay Criticizes Competitors: “Comparison Websites Display Wildly Inaccurate Information About …

4thWay, a peer to peer lending comparison platform, is out with a note that cautions users on the utilization of six money comparison websites stating
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Facebook Is Removing Viral Posts Linking to a Neo-Nazi Site

Facebook is usually more than happy to have news posts go viral. But this week, the social networking giant is actively removing links to a viral article
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Morgan Stanley Says Turkey's Bank Rally Isn't Over Yet

Analysts including Samuel Goodacre increased share price targets for four of Turkey's biggest lenders by an average 15 percent on Monday, saying a
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Uber Must Submit to Regular Audits After in Wake of Customer Privacy and Data Charges

U.S. regulators said on Tuesday that Uber Technologies agreed to do more to protect the privacy of customer and driver data in settling allegations
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Plague In Arizona, Amazon's Pharmacy Ambitions, Drinking Health Effects

There's some troubling public health news out of Arizona this week. The Navajo and Coconino counties of the state have warned that fleas in the area
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Intel CEO in New Diversity Report: 'Let's Turn This Tragedy Into Action'

The categories Intel uses to track the racial demographics of their employees in the mid-year report vary from the EEO-1 report, which Fortune
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How prefab homes could save time and money in LA's housing market

Housing in L.A. is officially the most unaffordable in the country, according to a new study from the UCLA Anderson School of Management.
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The Trump administration might lower the mortgage interest deduction.

The Trump administration is considering lowering the mortgage interest deduction cap to $500,000 from $1 million, according to a recent Politico
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International home buying is absolutely booming in Texas

International homebuyers are flocking to Texas and buying up Lone Star State homes in droves, a new report from the Texas Association of Realtors
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NZ Herald editorial: PM hits an odd note on house lending rules

It is strange that the Prime Minister should be so quick to support the call from a real estate agency for the Reserve Bank's home lending regulations to
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The Charlottesville Car Attack Was Terrorism. It's Dangerous to Call It Anything Else.

James Alex Fields Jr. stood in court yesterday on charges of second-degree murder. But if he's found guilty, we don't have to read between the lines to
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Settlements for mortgage insurance kickbacks reach $39M in Florida, NJ

A national class action suit accusing mortgage providers of taking kickbacks from residential insurers received preliminary approval in Miami last week
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UPDATE 1-Canada home resales drop again in July -real estate group

“This suggests sales may be starting to bottom out amid stabilizing housing market sentiment. Time will tell whether that's indeed the case once the
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Canada's Average House Price Drops As Toronto's Slump Spreads

For the first time in four-and-a-half years, the average house price in Canada is lower than it was a year earlier — a clear sign that tougher housing
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Trump's 'Military Option' for Venezuela May Help Avoid Default

President Donald Trump speaks to reports about a possible military action against Venezuela. (Source: Bloomberg). Follow @bpolitics for all the latest
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