Average U.S. rates on fixed mortgages declined this week after two weeks of increases, keeping home-buying affordable. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan fell to 4.22% from 4.35% last week. The average on t
full story >>With a maiden name like Dollar and the currency to complement it, the late San Francisco society figure Diana Dollar Knowles was sure to make a few good purchases. And as Christie’s auction entitled “Michael Taylor and The Alchemy of Design: The Diana Dol
Continue reading >>Home prices continued rising in September, but many cities posted smaller monthly gains, according to a closely watched barometer of the housing market.
Continue reading >>U.S. developers received approval in October to build apartments at the fastest pace in five years, a trend that could boost economic growth in the final three months of the year.
Continue reading >>At a brand new housing development in Irvine, Calif., some of America's largest home builders are back at work after a crippling housing crash. Lennar, Pulte, K Hovnanian, Ryland to name a few. It's a rebirth for U.S. construction, but the customers are l
Continue reading >>Bill Ackman’s Pershing Square Capital Management picked up stakes of nearly 10% apiece in the companies, a pair of Friday morning regulatory filings show. Pershing just disclosed a stake of more than 115 million shares in Federal National Mortgage Assoc
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