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How empty ATMs in Greece Could Lower Mortgage Rates

How empty ATMs in Greece Could Lower Mortgage Rates

Greece is running out of banknotes, China is throwing bundles of cash into its frenzied stock market, Puerto Rico needs money to pay bills and the price of oil is tumbling. When the global economy gets chaotic like this, the world’s[...]
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What, Me Worry? Yellen Not Backing Off Rate Hike this Year

What, Me Worry? Yellen Not Backing Off Rate Hike this Year

Global financial markets had a stormy week – Greece, China, Puerto Rico, yowza! But Federal Reserve Chair Janet Yellen isn’t fazed. Today, she sent a strong signal that the central bank remains on track to raise interest rates later[...]
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Homeownership? Most Americans Still Say Count Me In

Homeownership? Most Americans Still Say Count Me In

Talk about mixed signals. Most Americans believe buying a home is a good investment, but a majority also think we’re still in the midst of a crisis, the MacArthur Foundation reported today. The group’s annual housing survey found[...]
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Will a burst of job creation lift housing?

Will a burst of job creation lift housing?

So far, 2015 is shaping up to be a good year for job hunters. In fact, the labor market hasn’t been this strong since the first half of 2006, when the housing market was soaring. But new jobs aren’t enough to give a lift to housing. Stable[...]
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Persistent Price Increases Create Challenging Housing Market in Washington, D.C.

Washington, D.C., home values rose 4.8 percent in May from a year ago and sales fell for the first time in three months as buyers outnumbered sellers. The city’s median sale price was $550,000 last month, up from about $522,000 in April,[...]
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