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09/20/2007 Overnight real estate rates lower
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Long-term mortgage interest rates dropped again Wednesday, and the benchmark 10-year Treasury bond yield rose to 4.54 percent.
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09/20/2007 Zillow gets another $30 million in financing
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Online real estate valuation and property marketing company Zillow has completed its third round of financing by outside investors, raising $30 million, the company announced today -- for a total of $87 million.
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09/20/2007 Survey Shows Homeowners Unfazed by Mortgage Troubles
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The real estate market appears to be full of contradictions.
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09/20/2007 A Canadian Family Portrait: Changing Social Trends
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If current Canadian social trends continue, real estate professionals will notice several changes to their client base in future. They'll be dealing with more single-parent families and common-law couples, and fewer traditional married couples with kids. First-time home buyers will be older, but perhaps in better financial shape to buy their house.
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09/20/2007 IRS Says Foreclosures, Short Sales Can Be Less Taxing
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You may not have to pay taxes on cancelled debt in a short sale.
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09/19/2007 OFHEO bumps up caps on Fannie, Freddie loan portfolios
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Government regulators are giving mortgage repurchasers Fannie Mae and Freddie Mac leeway to buy or securitize an additional $40 billion in home loans during the next six months -- less than increases sought by the GSEs and some lawmakers.
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09/19/2007 House, Senate versions of FHA bill must be reconciled
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A day after the House of Representatives passed legislation that would expand the pool of borrowers eligible for loans insured by the Federal Housing Administration, a Senate committee issued its own, scaled-back version of the bill.
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09/19/2007 SecondSpace partners with big Florida developer
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A Florida developer has turned to a new online marketing push as competition for buyers grows tighter and increasingly Web-based due to many of those buyers coming from overseas.
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09/19/2007 MLSAlliance gains new member in Northern California
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A Realtor group in the San Francisco Bay Area announced this week that it has signed an agreement to join the California MLSAlliance, a data-sharing effort with 11 other MLS organizations in California.
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09/19/2007 Refis push home loan apps higher
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Home loan applications continued higher last week, driven by a strong increase in refinancings, the Mortgage Bankers Association reported today.
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