As investors flood the U.S. bond market, mortgage rates could hit a new low, just in time for spring buying season.» Read More
In another sign that the still shaky housing recovery might be finding its footing, foreclosure filings in some of the hardest hit states of the housing crash have plummeted dramatically, and overall the nation is seeing the lowest level of foreclosure activity since 2007.
U.S. home owners are refinancing their mortgages at the fastest clip since 2005, but the difference now is they are putting cash in, not taking it out.
Real estate is and always will be local, and this recovery is becoming increasingly local. That is clear in the latest numbers on supplies of distressed homes.
One of the biggest upsides to the downturn in housing has been a surge in demand for apartments. That resulted in a strong rise in rents and a big drop in vacancies over the past few years, as investors rushed to build more supply. Now, just as that supply is about to come on line, demand appears to be weakening.
In a wide-ranging interview Sanjiv Das, CEO of CitiMortgage talks about the state of lending now.
The government has been pushing more short sales at Fannie Mae and Freddie Mac through financial incentives, and banks are streamlining the process. But all the progress that has been made could end abruptly.
Whatever was going through the brilliant minds at the Fed, recent evidence does indeed suggest that housing may finally be showing the signs of life we have so desperately been seeking.
After gains in home sales over the spring and summer, an industry survey surprised expectations, registering a 2.6 percent drop in pending home sales from July.
Economists are saying it, and now even some Americans are saying it. After falling to depths not seen since the Great Depression, the U.S. housing market may finally be rising from the ashes.
The worst may be over for foreclosures in the high-end real-estate market, brokers say
Foreclosures of homes worth $1 million or more are starting to fall, reports CNBC's Robert Frank.
The nation’s home builders are leaping back to life. Another day, another earnings report that beats the street’s expectations.
The Federal Reserve’s decision to buy more mortgage-backed securities from Fannie Mae and Freddie Mac could impact more than just the housing market.
With the August jump of 7.8 percent from July, Realtors now say they are confident that home sales for all of 2012 will hit their highest level in five years, but they still voice concern over so-called “frictions” in the market.
A surge in new orders for homes, especially among the big public builders, pushed builder sentiment on an industry survey up three points to the highest level since June of 2006.
“Short term, people who are thinking about moving really need to lock in,” says Craig Strent of Maryland-based Apex Home Loans adding, “when this thing turns, it’s going to be fast."
Home prices are stabilizing, and new construction is bouncing back, but apparently the U.S. Federal Reserve isn't buying a bullish housing recovery.
A flood of foreclosures may be about to hit the market, especially in states that had not seen as many before, reports CNBC's Diana Olick.
As home sale prices rise, overall home equity rises, and consequently more and more mortgages rise from “under water.”
Fannie Mae and Freddie Mac have claimed false “representations and warranties” on thousands of loans sold to them by lenders.