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MBA: Mortgage Application Payments Flat in July
Homebuyer affordability in July was challenging but mostly unchanged from June, with the national median payment applied for by purchase applicants remaining at $2,162, the Mortgage Bankers Association reported.
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New Home Sales Rise in July
New single-family home sales for July hit a seasonally adjusted annual rate of 714,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said in a release.
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Opportunity Zone Housing Markets Rebound: ATTOM
Median single-family home and condo prices increased from the first quarter to the second in 61 percent of Opportunity Zones around the country, according to ATTOM, Irvine, Calif.