CoreLogic: Home prices rose an amazing 6.5% annually in June

CoreLogic: Home prices rose an amazing 6.5% annually in June

This marks 40 straight months of increases

Here are the 20 hottest housing markets right now

realtor.com reveals where demand and prices are sizzling

Mortgage closing costs drop 7% to $1,847

Origination fees dropped but third-party costs rose
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US lawmaker blasts fellow Republicans on Fannie, Freddie

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A Republican lawmaker sharply criticized his party colleagues Friday, accusing them of taking an unrealistic approach toward reworking the U.S. mortgage market The comments by Rep. Gary Miller (R-Calif.) underscored longstanding divisions among Republican lawmakers that have become more public in recent weeks. Several GOP House lawmakers have introduced bills to overhaul government-controlled mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC), and more are expected. Top Republicans on the House Financial Services Committee have advanced bills to build a mostly private mortgage-finance system. But Miller and a fellow Californian, Rep. John Campbell, have broken with their leaders and favor approaches with more government support.

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