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Consumer sentiment down even before Brexit news

Drops in June
Just hours after the news that British voters decided to leave the European Union, the U.S. released its monthly consumer sentiment report for June, revealing that consumers already had a slightly dimmer view of the economy before the Brexit news.
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All banks passed their stress tests

Here's how they fared
The stress test results just came in, and 33 banks shows they could undergo the Fed’s tests. For some banks, this is a welcome result after failing the tests several times before. Here’s how they all fared in the tests.
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Real estate agents get new code of ethics

Buyers agent organization gives new, stricter rules
The National Association of Exclusive Buyer Agents released a new code of ethics and standards of practice by which its members must adhere. Because its agents represent only buyers, its rules can be stricter than other organizations. These are some of the new rules.
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Freddie Mac: 30-year mortgage rate inches up

Housing market looks good after rise in existing home sales
After two straight weeks of decreasing mortgage rates, the average 30-year and 15-year fixed-rate mortgages inched up this week. That being said, the still-low rates continue to be good news for the housing market. Here’s why.
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Foreclosure starts now at pre-crisis levels

Lowest active foreclosures since 2007
Foreclosure inventory decreased to numbers not seen in almost 9 years, while foreclosure starts are now at pre-crisis levels. Delinquencies increased monthly in May, but experts from Black Knight aren’t concerned. Here’s why.
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