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HELOC Resets Still a Concern

by devteam September 3rd, 2014

Home Equity Lines of Credit or HELOCs are one area of focus of the July Mortgage Monitor issued by Black Knight Financial Services on Tuesday. The company said there is still concern about possible payment shock for homeowners with HELOCS as the millions

Construction Spending Highest Since December 2008

by devteam September 3rd, 2014

Construction spending in July was at a seasonally adjusted annual rate of $981.3 billion the Census Bureau said today--the highest since December 2008. That was an increase of 1.8 percent from June's revised estimate of $963.7 billion (up from the original

Eleven States Set New Home Price Peaks

by devteam September 3rd, 2014

Home prices increased continued in July and those increases continue to be broad-based CoreLogic said on Tuesday. The company's Home Price Index (HPI) report says that prices nationwide including distressed sales (short sales and sales of bank-owned real

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