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Mortgage Rates: Rising Along with Fed Optimism

Mortgage Rates: Rising Along with Fed Optimism

Mortgage rates rose for the second week, ticking up to 3.64 percent as Fed VIPs hinted they might raise short-term borrowing costs sooner rather than later. A year ago, 30-year, fixed-rate mortgages averaged 3.87 percent, according to[...]
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Homebuyers’ Biggest Worries Are Cost and Competition

Homebuyers’ Biggest Worries Are Cost and Competition

A growing number of homebuyers are worried about competition, according to a Redfin survey of 975 homebuyers conducted this month.While affordability is the main concern keeping homebuyers up at night, nearly 19 percent cited[...]
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Think Your 25-Minute Commute is Bad? These Pricey Cities Have it Worse

Think Your 25-Minute Commute is Bad? These Pricey Cities Have it Worse

America’s biggest cities are also some of its most expensive. People pay to live near culture, creativity, jobs and the chance to collaborate with a variety of talented individuals. But what happens when a city’s not ready to absorb[...]
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Home Sellers Are Confident, But Only to a Point

Home Sellers Are Confident, But Only to a Point

Home sellers increasingly agree that the U.S. is in a seller’s market. More than half — 51 percent — think now is a good time to sell, up from 34 percent last year, according to a Redfin survey of home sellers conducted late last[...]
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Four Things To Know About the Job Market

Four Things To Know About the Job Market

Employers created 160,000 jobs in April, a pretty low number that disappointed economists. It was the slowest pace of job growth since September.   Unemployment remained steady, the Labor Department reported. Wages were up, but so[...]
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