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In the ever-going search for affordability in the market, new research identifies that while prices may be higher on newly built homes, they cost less in the long run for homebuyers than existing homes. Realtor.com®’s new report on the total cost of homeownership found that homebuyers purchasing newly built homes can save $25,335 on average…

The post New Homes More Affordable in the Long Run, Despite Overall High Prices: Report appeared first on RISMedia.

Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – Rocket Mortgage has filed a lawsuit against rival United Wholesale Mortgage (UWM), seeking $100 million in damages. Rocket has accused UWM of profiting off of loans it sold to Mr. Cooper, which Rocket…

The post Mortgage Mix: Rates Continue Rising; Major Lenders Share Quarterly Earnings appeared first on RISMedia.