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You Can Now Buy a 3D-Printed Home – Here's a Look Inside
A New York homebuilder has put a 3D-printed home on the market for the first time in the United States, and he is getting a lot of offers.
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Weekly Mortgage Application Volume Drops 11% as Rates Spike and Texas Power Outages Hurt Demand
Total mortgage application volume fell 11.4% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
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December Home Prices Rose 10.4%, the Biggest Gain in 7 Years, Case-Shiller Says
December is usually the slowest month for the housing market, but price gains didn’t slow down one bit in 2020.
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Many Americans, Especially Families, Can't Live on a $15 Minimum Wage
Democrats are pushing to get a $15 federal minimum wage into President Joe Biden’s Covid relief package. For many, that pay still wouldn’t be enough.
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Here's How Congress Could Avert Another Jobless Benefits Cliff as It Moves to Pass Covid Relief
President Joe Biden called for extra unemployment benefits to phase out based on economic or health metrics. But there’s one problem: Which metric to use?
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Some Texans Use 2021 Ford F-150 Hybrid Pickup Trucks to Power Homes Amid Winter Storm
“It would have been three miserable days without the truck,” Jerry Hall, 73, of Kerrville, Texas, said in a phone interview.
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Existing Home Sales Rise Slightly in January, But Record Low Supply Weighs on Market
After a brief pullback in December, homebuyers returned to the market, although they are still being hampered by record low supply.
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Biden Tax Hikes Would Likely Phase in Slowly, Treasury Secretary Yellen Says
Treasury Secretary Janet Yellen said Thursday that any tax increases sought by the Biden administration would be introduced gradually.
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Generac CEO Says Demand for Power Generators Is High: ‘We Can't Make Them Fast Enough'
Extreme winter weather in the South and resulting power outages increase demand for generators, Generac CEO Aaron Jagdfeld said.
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Mortgage Demand Falls Further as Rates Rise at the Fastest Pace in Months
The average contract interest rate for 30-year fixed-rate mortgages increased to 2.98% from 2.96% last week. Total mortgage application volume fell 5.1% last week from the previous week, according to the Mortgage Bankers Association. Applications to refinance a home loan fell 5% for the week. Mortgage applications to purchase a home fell 6% for the week. Another week of rising…
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Biden Extends Protections for Homeowners. Here's What You Need to Know
Struggling homeowners received some welcome news Tuesday, with the Biden administration announcing it will extend forbearance and foreclosure relief.
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Bulk of Jobless Claims Are Due to Repeat Pandemic Layoffs, Say Researchers
Almost 2 in 3 workers collecting unemployment benefits lost their jobs multiple times during the Covid pandemic, according to new research.
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BET Founder Robert Johnson: Black History Month Should Focus More on Future Opportunities
Robert Johnson, founder of BET, told CNBC on Tuesday he wants to see Black History Month put more emphasis on ways to reduce racial inequality.
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Bidding Wars Are Off the Charts, as Home Listings Fall to a Record Low
Bidding wars are off the charts, even as home prices are rising rapidly.
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Unemployment Benefits: Here's What Democrats Want in a Stimulus Package
President Joe Biden and congressional Democrats are trying to pass another $1.9 trillion of Covid relief. Extra unemployment benefits are part of the package.
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Main Street Business Failure Fears Rise Again in Pandemic Whipsaw
Small business confidence is down amid the pandemic whipsaw of closures and reopenings, according to the latest CNBC|SurveyMonkey Small Business Survey.
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Strength of Housing Market Has Broadened Out, Says CEO of Homebuilder Taylor Morrison
Demand for new homes was initially strongest among millennials but has since spread across all age groups, Taylor Morrison CEO Sheryl Palmer told CNBC.
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Zillow Hopes to Turn Flood of ‘Real Estate Porn' Users During Covid Into Actual Sales
The challenge is to “increasingly turn more of that shopping and dreaming traffic into transactions,” Zillow CEO Rich Barton told CNBC.
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Mortgage Demand Drops as Interest Rates Hit a Three-Month High
Mortgage interest rates have increased in four of the first six weeks of 2021, putting a chill on mortgage demand.
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Mortgage Delinquencies Sink to Pandemic Low, But Distress Is Far From Over
Mortgage delinquencies have dropped to the lowest level since the start of the pandemic, but the numbers don’t appear to be improving much anymore.