Author Archives: Daniel Houston

Healthy jobs report drives up mortgage rates for first time in weeks

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During the pandemic, the Federal Reserve has been keeping a lid on interest rates by increasing its holdings of long-term Treasurys and mortgage-backed securities (MBS) by $120 billion a month. Before announcing a timetable for tapering those purchases… Continue reading →

Deadly shooting shows Airbnb’s no-party rule can be hard to enforce

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A California house party resulted in a deadly shooting. The party was thrown without the consent of the host, Airbnb says. Continue reading →

Underwater homeowners gain breathing room as prices climb

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Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Continue reading →

Home prices show signs of leveling off for first time in months

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After five consecutive months of record home prices, the market appears to be plateauing according to several key indicators. Continue reading →

Homebuilders bolster workforce in July as real estate hiring slows

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Real estate employment numbers continued to rise in early July, but some segments of the industry grew faster than others. Continue reading →

August opens with lower mortgage rates as Treasury yields dip

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Interest rates on 30-year mortgages fell further as bond markets reacted to the delta variant’s potential impact on the global economy. Continue reading →

Groups seize on Biden’s skepticism in lawsuit against new eviction ban

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Real estate groups leveraged President Joe Biden’s comments earlier this week about the new moratorium’s chances of surviving in court. Continue reading →

Ken Dunn, co-founder of Rainier Companies, dies in plane crash

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The co-founder of a Dallas-based real estate investment firm with a $1.6 billion portfolio died last week in a plane crash, his company said. Continue reading →