A definitive rise in mortgage interest rates over the last month is keeping borrowers at bay.» Read More
For the first time in seven months, home prices as recorded on the S&P/Case Shiller Home price Indices saw month-to month gains. The press release even referred to it as a “spike.”
Sales of newly built homes in May hit the highest level in two years, and the median price of those homes was 5.6 percent higher than it was a year ago. The number of new homes now expected to sell in 2012 is 369,000. Great news…sort of.
The number of monthly and quarterly home price reports has proliferated to the point of almost weekly readings and the trouble is, they each use different data sets and methodologies.
Sales of existing homes declined in May, according to a new report from the National Association of Realtors, not just because the overall housing market is struggling, but because there are simply not enough homes to buy.
Not scared off by mortgage-backed securities, investors are now looking at another housing-related security…this time backed by rent.
As the nation's housing market shows signs of bottoming after years of decline, many first-time buyers are getting a rude awakening. Instead of having their pick of homes to buy, they're facing bidding wars spurred by shrinking numbers of homes for sale, USA Today reports.
CNBC's Jane Wells breaks down the data on the outlook on housing and the economy from the UCLA Anderson Forecast, with Edward Leamer, UCLA Anderson Forecast director.
The average U.S. home value is $147,300, but a professional athlete's home is anything but average. Read ahead to see 10 of the coolest athlete homes on the market.
Single family rental demand is soaring, as are rents, and investors are rushing to cash in. A small but growing number of developers are now building single family homes as rentals.
A stall in job growth hit home builder confidence in June, according to the monthly confidence index from the National Association of Home Builders.
Some local governments hardest hit by population losses are struggling with what has been left behind: large numbers of abandoned housing units. USA Today reports.
Foreclosure starts, the first phase of the process, rose 9 percent in May month-to-month, the first increase in over two years. Bad news, right? Only if you are the one losing your home.
Month-to-month foreclosure activity jumped in May to 9%, reports CNBC's Diana Olick.
CNBC's Diana Olick reports there's been a surprising jump in mortgage applications this week.
After holding in lackluster territory for much of the spring season, weekly mortgage applications took a huge jump, signaling that the usual summer slowdown is perhaps, holding off.
Given the expense and paperwork involved in refinancing, it’s certainly worth it for homeowners to ask about modifications to current loans and possible 'recasts.'
Faced with a rising number of severely delinquent loans, the FHA is taking a very small program to sell these loans to investors and ramping it way up.
The refinance market is booming, now at 78 percent of residential mortgage activity, according to a new report. Millions of Americans are saving billions of dollars in monthly mortgage payments and the big banks are reaping great rewards as well.
Bond rates are leading to record low mortgage rates and that has mortgage applications up more than 1% last week, reports CNBC's Diana Olick.
Fannie Mae’s general counsel will become the mortgage giant’s new chief, sources say -- and will do so with less pay. Congress has slammed Fannie's salaries in the past.