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May 17--New Jersey's percentage of home mortgage loans in foreclosure continues to rise, even as rates nationally have fallen to the lowest level since 2008, a report released Wednesday showed.
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The Mortgage Bankers Association said U.S. mortgage activity rose 9.2 percent in the week ended Friday with interest rates hitting record lows.
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May 11--The Baltimore region saw a double-digit jump in average home sale prices in April, the most in six years -- but the gain was driven by a shrinking supply of cheap foreclosures rather than a resurgence in value.
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The Mortgage Bankers Association said U.S. mortgage activity rose marginally in the week ended Friday with interest rates inching lower.
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The Mortgage Bankers Association said U.S. mortgage activity rose marginally in the week ending Friday with interest rates mixed.
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April 27--In the first quarter of 2012, city records show, 3,148 single-family houses were sold in Philadelphia.
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The NAR today released downwardly revised estimates for sales and inventory data for the past five years, indicating that the downturn was more severe than previously thought.
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The Massachusetts congressman has been an advocate of affordable housing and a vanguard in curbing the financial sector's excesses.
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While the index remains above year-ago levels, that gap has been shrinking.