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In NerdWallet’s annual Best-Of Awards program, which highlights the top financial companies and products nationwide, the personal finance website has named New American Funding as a 2019 two-time winner. Read More
Determining when to buy a home is a personal decision with many variables. Some may try to pinpoint the "perfect time" and end up waiting themselves out of the market, while prices and interest rates rise. Read More

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Builder Confidence at Best Levels Since 2018

Posted To: MND NewsWire

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which has held in the mid-to-upper 60 range since May, finally got moving this month. The Index, a measure of home builder confidence in the market for newly constructed houses, jumped up 3 points to reach 71, the highest level since February 2018 . NAHB Chair Greg Ugalde said, "The housing rebound that began in the spring continues, supported by low mortgage rates, solid job growth and a reduction in new home inventory." "The second half of 2019 has seen steady gains in single-family construction, and this is mirrored by the gradual uptick in builder sentiment over the past few months," said NAHB Chief Economist Robert Dietz. "However, builders continue to remain cautious due to ongoing supply side constraints...(read more)

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Harvard Study Looks at Where, How Aging Baby Boomers Live

Posted To: MND NewsWire

While a lot of attention is now focused on Millennials, the country is still aging. A new report from the Harvard Joint Center for Housing Studies looks at how the growing population of elderly is poised to change the characteristics of homeownership and the need to prepare for the ramifications. The first part of the report, Housing America's Older Adults 2019 , details the aging of the population as Baby Boomers increasingly reach retirement age - the leading edge of the second largest generation in history is now 73 years old - and where and with whom they reside. The number of households headed by persons 65 years of older increased from 27 million in 2012 to 31 million in 2017. The next younger age cohort, those aged 50 to 64 grew only by 770,000 to about 35 million. Over the next 20 years...(read more)

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