Mortgage Bankers Association Predicts Sharp Increase in New Home Sales

Builders might want to brace themselves for some good news. The Mortgage Bankers Association is forecast a large jump in new home sales for January. Here's the MBA's Mortgage News Daily: The Mortgage Bankers Association (MBA) is forecasting a sizable jump in new home sales in January.
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YHB Investment Advisors Inc. grew its position in shares of Honeywell International Inc. (NYSE:HON) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,408 shares of the conglomerate's stock after buying an
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New York, February 14, 2018 — Moody's Investors Service, (“Moody's”) has affirmed the ratings on seven classes in BBCMS Mortgage Trust 2017-C1, Commercial Mortgage Pass-Through Certificates, Series 2017-C1 as follows: Cl. A-1, Affirmed Aaa (sf); previously on Feb 27, 2017 Definitive Rating
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Gulf nations pledged billions of dollars in financial support to help Iraq rebuild after its war to defeat Islamic State, in what may be an effort to counter Iranian influence there. The United Arab Emirates pledged investments of $5.5 billion in the private sector and $500 million for reconstruction, the country's
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Mnuchin told the Senate Finance Committee that a Bloomberg News story Wednesday, which detailed how hedge funds created scores of shell companies to work around the new carried-profit rules, prompted him to instruct administration officials to issue guidance on the subject within two weeks.
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Before you go calling San Francisco real estate a bubble just waiting to pop, take a look at this ranking of housing markets around the world. UBS's 2017 Global Real Estate Bubble Index lists the cities at the greatest risk of having real estate bubbles that could eventually deflate. The index scores come
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President Donald Trump will pitch his infrastructure plan to a dozen Republican and Democratic lawmakers at a White House meeting Wednesday. Trump is seeking to revamp how projects are approved and funded by reducing permitting time to two years and allocating $200 billion over 10 years
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Prospective homebuyers are growing more concerned over rising mortgage interest rates, according to a new survey from Realtor.com. Mortgage rates have climbed to their highest level since Dec. 2016, which is prompting 44 percent of homebuyers polled to look for a less expensive home than they
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“A majority of the country saw an upswing in buyer interest at the end of last year, which ultimately ended up putting even more strain on inventory levels and prices,” said Lawrence Yun, NAR chief economist. “Remarkably, home prices have risen a cumulative 48 percent since 2011, yet during this same
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Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell, February 12, 2018 in New York City. Drew Angerer Getty Images. By Lucinda Shen. 12:53 PM EST. Consumer prices rose faster than expected in January, briefly pushing the stock
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Many large companies have had similar profit hits in the fourth quarter thanks to the tax changes, but few are in the same precarious position as Fannie FNMA, -1.61% and its counterpart, Freddie Mac FMCC, -3.37% . In 2012, Congress directed both government-sponsored enterprises to send quarterly
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NEW YORK] US mortgage application activity fell to its lowest in five weeks as interest rates on 30-year fixed-rate home loans jumped to their highest in four years, the Mortgage Bankers Association said on Wednesday. The Washington-based industry group's index on mortgage request volume fell 4.1
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SAN JUAN, Puerto Rico (AP) — Puerto Rico's Housing Department says it will cancel a $133 million deal with a U.S. company hired to repair homes … Puerto Rico Housing Secretary Fernando Gil said Wednesday that he is evaluating other options to avoid interrupting home repairs more than five
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Seeking to beat a government lawsuit challenging their merger, AT&T and Time Warner are considering calling the Justice Department's top antitrust official as a witness, the Wall Street Journal reported on Wednesday. The unprecedented possible move to question Makan Delrahim, who was appointed
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WESTERVILLE, OH (WCMH) — The Tunnel to Towers foundation announced it will be paying off the mortgage for Westerville officer Eric Joering's family. The Stephen Siller Tunnel to Towers Foundation honors the sacrifice of New York City firefighter Stephen Siller, who died on September 11, 2001.
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A federal judge appears likely to enter a forfeiture order of $3.5 billion against convicted felon Scott Tucker of Leawood, Kan., as part of his sentence for his illegal payday lending scheme. A preliminary order entered late Tuesday by U.S. District Court of Southern New York Judge Kevin Castel indicates
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“Ginger is a proven marketing and growth leader with a track record of success in top-performing mortgage, real estate and software companies and is one of the most-connected people in the housing industry,” said Sanjeev Malaney, Capsilon's founder and CEO. “Her expertise in building strong brands
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“As we mark 80 years of serving America's housing market, our focus is on building a strong, stable housing finance system for the future. We are doing this by delivering innovative solutions for our customers and demonstrating leadership on our country's most persistent housing challenges,” he
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Revealing that the company has yet to pay her $2,500 out of the $3,000 cash prize she won by clinching the Miss Bikini pageant, Chua also claimed that Lumiere even tried to strip her of another title from a pageant that was not even organised by themselves. Chua also called out one of the organisers
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LONDON and AUSTIN, Texas and DUBAI, United Arab Emirates, Feb. 14, 2018 (GLOBE NEWSWIRE) — In its efforts to continue pioneering innovative banking solutions, UAE's leading financial institution, Mashreq, announced that it is working with Blue Prism (AIM:PRSM) to increase productivity,
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