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The Real Estate News Brief - Cheaper Refi’s, Hot Market for Investors, & Airbnb for Backyard Pools

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Sinopsis

For the full transcript, click on the Notes tab on the podcast player for this episode on our website: www.NewsForInvestors.com. Transcript 00:00:00 Intro Music [Speaker] Kathy Fettke: In this Real Estate News Brief for the week ending July 24th, 2021… why refi’s are getting cheaper, what investors are doing with this hot market, and how homeowners are making money from their backyard swimming pools. Hi, I'm Kathy Fettke and this is the Real Estate News for Investors. Economic News We begin with economic news from this past week, and a jump in the number of people applying for unemployment benefits. Initial jobless claims were up 51,000 to 419,000 in the last week. It’s the highest level in two months, but the increase is “not” due to the pandemic. As MarketWatch reports, claims were higher in auto manufacturing states like Michigan, Kentucky and Texas because plants are shut down during the summer for retooling. (1) Existing home sales rebounded in June. They had been heading lower for four months due to the