"Our Capital Markets partners are still operating in a very challenging environment, and to be effective and protect their profitability, they have been driven to update their requirements," said Michael O'Connell, Chief Operations Officer at NTC.
News Headlines
Sep
24
2018
"Clients and contractors are having to set contracts with escalation clauses for projects that are being scheduled for...
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Home renovation demand is soaring, and so are the costs to do it, thanks to a new round of tariffs on goods imported from China.
Sep
24
2018
But another reason Google is dominant is that it knows what we are all looking for on the internet. It’s like our...
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When President Donald Trump lashed out at Google, calling it “rigged” to show negative stories about him when users searched on the term “Trump news,” it was a reminder of the power of the technology that shapes our lives.
Sep
20
2018
CEO Tim Sloan said on Thursday that Wells Fargo (WFC) plans to cut 5% to 10% of its 265,000-person workforce. He cited...
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Wells Fargo plans to cut as many as 26,500 jobs over three years as the troubled bank grapples with the rise of online banking and soaring legal bills.
Sep
11
2018
“This weakening in affordability is hindering many interested buyers this fall, even as the robust economy brings them...
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Mortgage rates rose for a second week, buoyed by a selloff in the bond market, even as housing faces a grim reminder of unfinished work in the mortgage market.
Sep
09
2018
“As we get further away from the Great Recession,” FICO researchers said, “underwriting criteria seems to have eased...
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Studies by the Urban Institute’s Housing Finance Policy Center have estimated that lenders’ historically strict underwriting standards have prevented millions of would-be buyers from becoming homeowners.
Aug
29
2018
Home prices have been the only market indicator that has been on the rise as existing and new home sales have slipped....
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Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index reported a 6.2% annual gain in June, down from 6.4% a month earlier.
Aug
20
2018
The stagnant housing market may also be impacting the labor market. The percentage of job seekers relocating for new...
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Rates for home loans tumbled in line with the broader bond market, even as the housing market’s woes threatened to become a headwind for the entire U.S. economy.
Aug
15
2018
"Strong inflation was overshadowed by ongoing trade tensions between the U.S. and China, along with concerns over...
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Mortgage interest rates ticked lower, but that wasn't enough to entice homebuyers. Total mortgage application volume fell, according to the Mortgage Bankers Association's seasonally adjusted report.
Aug
14
2018
U.S. homeowners are sitting on nearly $6 trillion of home value they could tap as of May 2018, according to data...
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our home equity could keep you afloat in retirement or bail you out in an emergency — but not if you spend it first.