News & Commentary: Daily News Articles
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05/08/2013
Mortgage applications were on the rise last week, with applications for home purchases — viewed as a leading indicator of future home sales — moving up to their highest level since May 2010.
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05/08/2013
Federal legislators recently introduced a bill that would extend foreclosure protections to enlisted persons who bought homes after going on active duty.
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05/07/2013
Investors and all-cash buyers represent a significant share of the housing market. But as home prices rise, what happens when these buyers vanish from the market -- who will step up?
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05/07/2013
An improving-markets index fell to 258 metros in May from 273 in April, but continues to reflect metros from every state as well as the District of Columbia.
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05/07/2013
Mortgage giants Fannie Mae and Freddie Mac will begin next year to purchase only loans that meet new “qualified mortgage” requirements, the Federal Housing Finance Agency announced Monday.
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05/07/2013
“Mortgage quality is improving rapidly,” says one economist. “Once we’re able to work through this last bulge of foreclosed property ... mortgage credit quality is going to look absolutely beautiful.”
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05/07/2013
New-home construction is expected to return to normal levels by 2016, and with it a construction job boom is forecast to make up for more than a million jobs that had been lost during the sector’s slowdown.
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05/07/2013
Empty nesters and downsizers may find that retirement accounts and credit ratings don't satisfy lenders.
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05/07/2013
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05/06/2013
The housing recovery appears to be growing stronger across the country, so why are some analysts still concerned?