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Trump’s lumber tariffs take hold, threatening to hike home costs

The US is now collecting tariffs on imported timber, lumber, kitchen cabinets, bathroom vanities and upholstered furniture, duties that threaten to raise the cost of renovations and deter new home purchases.  The import taxes — initially set at 25% for cabinets, vanities and upholstered wooden furniture — officially took effect on Tuesday at 12:01 a.m. […]

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Xactus launches Xactus Mortgage Intent Index

Xactus, a fintech specializing in mortgage verification solutions, on Tuesday launched the Xactus Mortgage Intent Index, which is described as the industry’s first measurement of borrower mortgage intent. The index, which is updated daily and presented as a non-seasonally adjusted weekly index, tracks early borrower behavior across the preapplication, application and preclosing stages. Xactus‘ index

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Real Brokerage launches Real Wallet Capital for agents

The Real Brokerage announced its launch of Real Wallet Capital, a new lending product that gives the company’s U.S. real estate agents access to working capital directly through its digital platform. The program — which operates within Real’s proprietary software platform reZEN — uses agent performance data to determine credit eligibility and loan amounts. Leaders

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