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The qualified mortgage rule's full impact on home lending remains somewhat of a mystery, but lawmakers and industry professionals debated the rule's potential influence on the home lending market during a House Subcommittee hearing Tuesday.
Industry experts testified in front of the...
The qualified mortgage rule's full impact on home lending remains somewhat of a mystery, but lawmakers and industry professionals debated the rule's potential influence on the home lending market during a House Subcommittee hearing Tuesday.
Industry experts testified in front of the...
Average selling prices for new homes jumped in the first part of 2013 as a limited supply of homes and a shift towards higher-priced, luxury homes revamped the dynamics of the market, analysts claim.
Additionally, the decline in housing prices from peak levels and historically low...
Average selling prices for new homes jumped in the first part of 2013 as a limited supply of homes and a shift towards higher-priced, luxury homes revamped the dynamics of the market, analysts claim.
Additionally, the decline in housing prices from peak levels and historically low...
The interest rate for a 30-year, fixed-rate mortgage is expected to hover around 4% during the second half of 2013 after rising 0.5 percentage points in the past several weeks, Freddie Mac said in its latest U.S. Economic and Housing Market Outlook.
But don’t expect...
While regulators have been quick to point out the defects within the Federal Housing Administration's Home Equity Conversion Mortgage program, advocates defended...
While regulators have been quick to point out the defects within the Federal Housing Administration's Home Equity Conversion Mortgage program, advocates defended...
The nation shrunk its budget deficit during the first eight months of 2013 as government spending declined overall.
This was equally true when it came to government spending on housing and financial services programs, including the Troubled Asset Relief Program (TARP),...
New home starts on private residences have been teetering over the past few months, but rose 6.8% from the revised April estimate of 856,000, reaching 914,000 in May....
Surging home prices throughout the country have spurred talk of a housing bubble, as many markets are still recovering from the last bubble bursting in 2007.
But Standard & Poor’s Ratings Services states that, although double-digit gains are ultimately unsustainable,...
California home prices increased by the most in 33 years as a result of strong sales growth in higher-priced markets and continued housing supply shortage, pushing up median home prices in May, the California Association of Realtors said.
Closed escrow sales of existing,...
California home prices increased by the most in 33 years as a result of strong sales growth in higher-priced markets and continued housing supply shortage, pushing up median home prices in May, the California Association of Realtors said.
Closed escrow sales of existing,...
Homebuilder stocks soared Monday – edging up as high as 4% in some cases – after the National Association of Home Builders/Wells Fargo Housing Market Index was released,...
Bank of America is prepared to address allegations from former employees who claim the mega bank routinely stalled the application process for the government’s Home Affordable Modification Program and wrongfully informed homeowners about the status of documents already on file...
Bank of America is prepared to address allegations from former employees who claim the mega bank routinely stalled the application process for the government’s Home Affordable Modification Program and wrongfully informed homeowners about the status of documents already on file...