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FILE - In this March 23, 2020, file photo, a worker walks through the athletes village for the Tokyo 2020 Olympics, in Tokyo. Tokyo’s governor is considering the possibility of using the unfinished Olympic Athletes Village as a temporary hospital for coronavirus infected patients. The massive village on Tokyo Bay could house up to 18,000 people during the Olympics. (AP Photo/Jae C. Hong, File)

Athletes Village for Olympics could house virus patients

Apr. 3, 2020 5:59 AM EDT

TOKYO (AP) — The under-construction Athletes Village for the Tokyo Olympics could be used as a temporary hospital for coronavirus patients. Tokyo Governor Yuriko Koike has been talking about the possibility of occupying the massive development on Tokyo Bay, which is to house up to 11,000 Olympic and 4,400...

In this Saturday, March 28, 2020 photo, Kyle Kofron poses for a photo outside his home in St. Louis. Kofron still has his job at an ice cream factory, but his three roommates are suddenly unemployed due the the coronavirus pandemic. Kofron is advocating for a rent strike during the outbreak saying it may be their only option. (AP Photo/Jeff Roberson)

Rent strike idea gaining steam during coronavirus crisis

Mar. 30, 2020 1:17 PM EDT

ST. LOUIS (AP) — With millions of people suddenly out of work and rent due at the first of the month, some tenants are vowing to go on a rent strike until the coronavirus pandemic subsides. New York, Boston, Los Angeles, San Francisco and St. Louis are among many cities that have temporarily banned...

FILE - In this Feb. 20, 2020 file photo, a

US pending home sales trended higher before virus outbreak

Mar. 30, 2020 11:15 AM EDT

BALTIMORE (AP) — Americans signed more contracts in February to buy homes, but the gains are likely relics of a moment before the coronavirus outbreak sent the U.S. economy spiraling into a likely recession. The National Association of Realtors said Monday that its pending home sales index, which measures...

Model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa., Wednesday, March 18, 2020. U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as the viral outbreak keeps more people at home.  (AP Photo/Keith Srakocic)

US home sales jumped to 13-year high before viral outbreak

Mar. 20, 2020 6:47 PM EDT

WASHINGTON (AP) — U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as people stop showing their property out of fear of infection in the coronavirus outbreak. The National Association of Realtors said Friday that home sales jumped 6.5%...

This Feb. 18, 2020, photo shows a real estate sign in front of a home for sale in San Francisco. On Thursday, Feb. 27, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Jeff Chiu)

US mortgage rates decline; 30-year loan at 3.45%

Feb. 27, 2020 12:45 PM EST

WASHINGTON (AP) — U.S. long-term mortgage rates declined this week as growing concern over the economic impact of China's viral outbreak spurred a steep downturn in global stock markets. Mortgage buyer Freddie Mac said Thursday the average rate for a 30-year fixed-rate mortgage fell to 3.45% from 3.49%...

This Feb. 18, 2020, photo shows a sale pending real estate sign in front of homes in San Francisco. On Thursday, Feb. 27, the National Association of Realtors releases its January report on pending home sales, which are seen as a barometer of future purchases. (AP Photo/Jeff Chiu)

US pending home sales climbed 5.2% in January

Feb. 27, 2020 10:01 AM EST

WASHINGTON (AP) — There was a 5.2% jump in Americans signing contracts to buy homes in January from the previous month as lower mortgage rates and a solid economy are pushing up demand for housing. The National Association of Realtors said Thursday that its index of pending sales climbed to 108.8 last...

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US home sales fell 1.3% in January

Feb. 21, 2020 1:43 PM EST

WASHINGTON (AP) — U.S. home sales retreated 1.3% in January from the prior month, but low mortgage rates helped enable an increase in purchases from a year ago. The National Association of Realtors said Friday that sales of existing homes slipped last month to a seasonally adjusted annual rate of 5.46...

Democratic presidential candidate Sen. Bernie Sanders, I-Vt., speaks during a Democratic presidential primary debate Wednesday, Feb. 19, 2020, in Las Vegas, hosted by NBC News and MSNBC. (AP Photo/John Locher)

Sanders' 'summer camp' in Vermont becomes fodder in debate

Feb. 20, 2020 9:33 PM EST

MONTPELIER, Vt. (AP) — Can a socialist own a summer house? That's the question unabashed capitalist billionaire Mike Bloomberg — who himself owns about a dozen homes — posed as he tried to brand Sen. Bernie Sanders a hypocrite in Wednesday night's fiery Democratic presidential primary debate....

FILE - This April 13, 2019, file photo, shows rows of homes, in suburban Salt Lake City. Americans took out nearly $150 billion in loans backed by the Federal Housing Administration to buy homes in 2018. Nearly 83% of those FHA borrowers were first-time home buyers, according to the Department of Housing and Urban Development. (AP Photo/Rick Bowmer, File)

Can't find an affordable FHA-approved home? You have options

Feb. 20, 2020 11:26 AM EST

Americans took out nearly $150 billion in loans backed by the Federal Housing Administration to buy homes in 2018. Nearly 83% of those FHA borrowers were first-time home buyers, according to the Department of Housing and Urban Development. It's unsurprising that FHA loans are especially popular with first-time...

This Week: Walmart earns, Fed meeting minutes, US home sales

Feb. 17, 2020 3:00 AM EST

A look at some of the key business events and economic indicators upcoming this week: STRONG FINISH? Wall Street expects that Walmart closed out its last fiscal year on a high note. Analysts predict the nation's largest retailer's fiscal fourth-quarter earnings and revenue increased from a year earlier. Walmart...