Baby boomers looking to downsize from suburban homes are finding condos near more urban areas to be way too pricey. So they are staying put.» Read More
More than five years after the foreclosure crisis began, the number of borrowers losing their homes is rising again.
A new report shows millennials are to blame for the strengthening apartment market and lackluster housing numbers.
Total application volume fell 0.9 percent from the previous week on a seasonally adjusted basis, according to the Mortgage Bankers Association.
Home values may not exceed their prerecession levels until 2018, according to a Zillow survey of 100 experts.
A former deal manager says she witnessed a "massive criminal securities fraud" at JPM, but was forced to keep it a secret, according to Rolling Stone.
The collapse of mortgage-backed securities drove the financial crisis, but many fund managers are snapping up the precrisis offerings.
In some cities, people are putting more than half their paycheck toward paying for rent for a two bedroom apartment.
Though first-time homebuyers are at a near 30-year low, some quick changes could bring them back, says a real estate executive.
Mortgage rates are now back above 4 percent but the recent decline was enough to reveal the underbelly of the housing beast.
Even a small rise in mortgage rates was enough to cut off the spigot on refinances.
CNBC's Diana Olick reports first-time home buyers dropped to 33 percent this year. Nearly half of first-time buyers surveyed this year said the mortgage application and approval process was more difficult than expected.
Young Americans are opting to rent rather than a buy a house, because of low inventory in their price range and tight credit.
Data shows the number of first-time home buyers dropped to 33 percent from 38 percent in 2013, reports CNBC's Diana Olick.
CNBC's Sara Eisen and Fifth Third Bancorp CEO Kevin Kabat, discuss the impact the end of QE will have on housing and the mortgage business.
Through its investment in Auction.com, Google will be able to forecast home sales for the month ahead.
Now that the Fed has put an end to its bond buying program, CNBC's Diana Olick looks at what's next for the housing market.
CNBC's Diana Olick reports the moves in interest rates are moving wealthier buyers.
Mortgage rates bumped decidedly back over 4 percent last week, causing a drop in both mortgage applications to refinance and to purchase a home.
Sales of existing homes in Los Angeles were flat in September from August and down nearly 2 percent from a year ago.
Rates for a 30-year mortgage wavered near historical lows, but credit availability continues to be a problem for potential home buyers.
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