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Banks Step In to Shrink Black Homeownership Gap

Pro Builder

Banks Step In to Shrink Black Homeownership Gap. Fri, 10/30/2020 - 10:34. More banks are rolling out initiatives in order to bolster historically low homeownership rates for minorities. cbroderick. The grant is given out to those looking into purchasing a home in low- to moderate-income communities. Demographics. Financials.

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Elements Europe wins Digbeth 550 rental flats

Construction Enquirer

Designed by architect Darling Associate, the phased project will consist of a landmark 26-storey block with associated mid-rises of around nine-storeys and a dozen three-storey town houses. bn revenue Korean group GS E&C who took a controlling interest in 2020. Elements Europe is majority owned by $9.5

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Foreclosures Up But Crisis Repeat Worries, Not So Much

Pro Builder

Housing market experts don’t see another foreclosure crisis on the horizon for a number of reasons. The number of foreclosure filings during the third quarter jumped 68% from the comparable 2020 period and 34% from the previous quarter, per ATTOM Data Solutions. Housing Policy + Finance. Housing Policy + Finance.

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A Year in Record-Breaking Mortgage Rates

Pro Builder

While the overall economy was sent into a tailspin, both the housing and mortgage industries flourished in 2020, thanks to the swift response from the Federal Reserve. From there, mortgage rates would drop 16 more times, finally landing at 2.66% at the end of 2020. Financing. A Year in Record-Breaking Mortgage Rates.

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Federal Reserve Announces Tighter Monetary Policy

Pro Builder

Rising inflation will move the Federal Reserve’s monetary policy further from its accommodative stance that has supported the economic rebound from the 2020 recession. The central bank will double the pace of tapering with an anticipated conclusion of bond purchases in March 2022 . Housing Policy + Finance.

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Home Prices See Largest Gain in 15 Years, Some Blame the Federal Reserve

Pro Builder

In January 2020, the annual home price increase reached 3.9%, but that hit 11.2% trillion by mid-March of 2020. Then, when the economy and housing market were suddenly in Covid free fall, the central bank began buying more again. Wed, 03/31/2021 - 09:55. Home prices are continuing on an upward trend, reaching an 11.2%

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ESG Disclosure Simplification Act Passes Committee But Will Fail

Green Building Law Update

House of Representatives passed H.R. Although there is little if any chance that the bill will become law given the current politics in Washington, DC, the bill’s passage in the House Committee highlights that issues of ESG disclosures continuing to be pressing. On September 20, 2019, the Financial Services Committee in the U.S.

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