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M/I Homes posts 4Q profit as contracts increase |
02-05-10 |
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| M/I Homes Inc. swung to a fourth-quarter profit on higher revenue driven by an increase in new contracts, sending shares up more than 6 percent Wednesday.
The homebuilder earned $7 million, or 38 ... |
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Contracts to buy homes inch up in December |
02-05-10 |
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| MIAMI (AP) — The number of people preparing to buy a home rose slightly in December, a positive sign heading into the spring home buying season.
The National Association of Realtors said Tue... |
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Fewer banks imposing new loan hurdles; demand low |
02-05-10 |
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| WASHINGTON (AP) — Fewer banks are erecting new hurdles for people and businesses to get loans, a fresh sign credit problems are easing.
In a quarterly survey released Monday, the Federal Res... |
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HUD asking for $41.6B for 2011 budget |
02-05-10 |
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| LOS ANGELES (AP) — The Department of Housing and Urban Development said Monday it will ask for less money from Uncle Sam this year because it expects income from two of its agencies to more t... |
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Mortgage rates nearly flat this week |
01-28-10 |
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| McLEAN, Va. (AP) — Rates on 30-year mortgages remained almost flat this week as the Federal Reserve said it would keep rates near record lows to help the economy recover.
The average rate ... |
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Home prices rise for 6th straight month in Nov. |
01-28-10 |
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| MIAMI (AP) — Home prices rose for the sixth straight month in November, fueled by tax credits for homebuyers.
The Standard & Poor's/Case-Shiller 20-city home price index released Tuesd... |
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'Vanilla' home loans could benefit borrowers |
01-22-10 |
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| WASHINGTON (AP) — If President Barack Obama gets his way, consumers who take out mortgages would automatically get a "plain vanilla" loan — such as a traditional 30-year fixed... |
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Madoff's Palm Beach mansion lists for $8.5m |
01-22-10 |
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PALM BEACH, Fla. (AP) — A waterfront Palm Beach, Fla., mansion once owned by disgraced financier Bernard Madoff is on the market for $8.5 million.
The Corcoran Group real estate fir... |
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Rates on 30-year loans fall below 5 percent |
01-22-10 |
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| WASHINGTON (AP) ??? Rates for 30-year home loans dipped below 5 percent this week after rising for three straight weeks.
The average rate fell to 4.98 percent from 5.03 percent a week earlier, mor... |
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Obama signs homebuyer, jobless bill assistance |
01-22-10 |
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| WASHINGTON (AP) ??? President Barack Obama signed into law a $24 billion economic stimulus bill providing tax incentives to prospective homebuyers and extending unemployment benefits to the longtim... |
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$8,000 Tax Credit for First Time Homebuyers
The Art of the Deal: Buying a Home in a Buyer's Market
