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FHA eases burdensome condo financing rules

The biggest source of funding for low-down-payment condo mortgages, the Federal Housing Administration, has revamped controversial rules that caused thousands of buildings across the country to lose their eligibility for FHA financing. Makin...

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August Existing Home Sales and Prices Rise

Existing-home sales continued to improve in August and the national median price rose on a year-over-year basis for the sixth straight month, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said favora...

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