Residential construction jobs grew in November, and employment data in hard hit housing areas was slightly ahead of national growth. However, CNBC's Diana Olick reports rates are decidedly higher from last week and affordability is shrinking.» Read More
It's no coincidence that credit availability appears to be easing now that mortgage rates are rising, reports CNBC's Diana Olick.
Robert Brusca, FAO Economics, and Alan Gayle, RidgeWorth Capital Management, provide their views on what to expect from today's jobs report, and whether the Fed will begin its tapering program based on a strong number.
Applications for mortgages have dropped 3 percent last week and the rise in rates seem to be having a large impact on housing. Melissa Cohn, Manhattan Division of Guaranteed Rate; Gina Sanchez, Chantico GLobal; Scott Minerd, Guggenheim Partners; and CNBC's Steve Liesman and Bob Pisani take a look at the impact.
David Stevens, Mortgage Bankers Association CEO, gives his read on the direction of mortgage rates, as interest rates move up nearly a full point in the last month or so.
Pete Redfern, CEO of Taylor Wimpey, tells CNBC that mortgages in the UK have not returned to the silly levels of 2005/6 but are close to normality.
The power of eminent domain has traditionally worked against homeowners, but now the city of Richmond, Calif., hopes to the legal tool to help people stay right where they are.
Robert Shiller, co-founder of the Case-Shiller Index, breaks down the latest numbers on housing and which cities are "bubbling up."
The defense team for former Goldman Sachs trader Fabrice Tourre accused of defrauding investors in a mortgage deal six years ago rested yesterday without calling any witnesses, reports CNBC's Scott Cohn with the latest details.
The measure of home sales contracts signed but not yet closed slipped a bit last month but is still up nearly eleven percent from a year ago, reports CNBC's Carl Quintanilla. Michael Fredericks, BlackRock, and John Lonski, Moody's Capital Markets, provide their take on where to invest in this market.
The Federal Reserve said on Friday that GMAC Mortgage will make $230 million in cash payments to borrowers, in a move that will end a review of potentially flawed foreclosures.
Demand is outstripping supply and higher interest rates haven't deterred buyers, Richard Smith, the president and CEO of Realogy Holdings, told CNBC.
Despite a major jump in mortgage interest rates in June, the nation's builders continued to pass on their own cost increases to buyers.
Nearly half of the mortgages modified in 2009 under the Obama administration's signature homeowner rescue effort are in default again, according to a new report.
CNBC's Diana Olick reports The Save Act will essentially subtract the savings in your energy bill from your monthly debt, which lenders factor against your income. Also, the impact of the refi slowdown, with Fred Glick, U.S. Loans Mortgage president,
If you're buying an energy efficient home, you could qualify for a larger loan, reports CNBC's Diana Olick.
Kelly King, BB&T chairman & CEO, discusses how the yield curve is impacting the mortgage business and weighs in on the commercial and retail banking space.
Applications to buy a home are down nearly 5 percent in the past 4 weeks, and refi applications were at a 2-year low, reports CNBC's Diana Olick.
Bank of America reported a 70 percent jump in profits. CNBC's Kayla Tausche reports mortgage origination jumped 6 percent this quarter, which is better than its peers JPMorgan and Citigroup.
Smaller home builders are struggling right now. CNBC's Diana Olick and Robbie Whelan, The Wall Street Journal, offer insight.
Do home builders care about rising mortgage rates? CNBC's Diana Olick reports home builder sentiment jumped 6 points in July to 57.
Rising rates, in addition to tighter underwriting and fast-rising home prices, have pushed borrowers to smaller lenders.
After delays due to the government shutdown and a large downward revision for August sales, gains aren't what they seem.
Sales of new U.S. single-family homes recorded their biggest increase in nearly 33-1/2 years in October, even as mortgage rates rose.