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Parents nationwide are becoming increasingly more important in helping the next generation attain homeownership, according to a new Veterans United Home Loans survey. Over half of parents surveyed reported having given, or intending to provide, financial support to help their child purchase a home.

According to a recent Realtor.com study, more than 60% of top metros are now balanced or buyer-friendly as inventory rises and price cuts increase.

Beth Hammack, President of the Federal Reserve Bank of Cleveland, said in an interview with The Associated Press that her general preference is for the Fed to keep its benchmark interest rate unchanged “for quite some time.”
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