Housing
Housing Articles
New home sales fell sharply in July, largely as a result of a substantial revision to the June sales total.
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Sales of existing homes in July rose by 2.5% compared to June sales. Overall sales, though, were up less than 1% compared to July of 2018.
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Mortgage loan rate changes were mixed last week and applications for new mortgages remained flat. Refinancings have reached their highest level in nearly three years.
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High temperatures in Phoenix have risen above 100 every day for nearly two months. This is both costly for residents and a harbinger of rising temperatures in the future.
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Mortgage loan rates reached new three-year lows last week as demand for U.S. Treasuries drove down yields and lowering mortgage lending rates.
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SunTrust rates three top homebuilders at Buy, and all make sense for investors looking for companies that can benefit from the sharp drop in interest rates.
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Foreclosure rates remained at multi-decade lows in May according to the latest report from housing industry researchers at CoreLogic.
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A home built by the man who founded the retailer which would become known as KMart built a 20,000 square foot house in Detroit in 1914. It is currently for sale for $3.25 million, which is 85 times...
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Mortgage loan rates have plummeted following China's surprise currency devaluation. Refinance applications have jumped.
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CoreLogic on Tuesday reported that U.S. home prices rose by 3.4% year over year in June.
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Since the U.S. economic recovery began in 2010, homeownership among black Americans has fallen by more than three times the decline in white homeownership.
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Applications for new mortgage loans slipped a bit last week while rates on the most popular mortgages remained steady at just over 4%.
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Freddie Mac forecasts that mortgage lending will rise this year and next on the strength of combined low mortgage interest rates and slowing home price growth.
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Year-over-year home price increases declined again in May, according to the latest S&P CoreLogic Case-Shiller national home price index released Tuesday morning.
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Mortgage loan rates decreased slightly last week, but the drop had no positive effect on the number of new mortgage loan applications which also dipped slightly.
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