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Purchases of new homes fell more than estimated in September to the weakest pace since December 2016, adding to signs that a lack of affordability is crimping demand, according to government data.
October 24 -
Builder M/I Homes set third-quarter records in four areas and recorded consistent levels of mortgages held for sale in its most recent earnings results.
October 24 -
An increase in refinance activity in the period after Columbus Day drove mortgage applications 4.9% higher from one week earlier, according to the Mortgage Bankers Association.
October 24 -
A typical homebuyer has already lost over 6% of purchasing power because of rising interest rates since the start of the year, a study by Redfin found.
October 24 -
Southern California home sales fell in September by the biggest rate since the depths of the Great Recession, the latest housing report by the California Association of Realtors shows.
October 24 -
Larger mortgage companies are paying less than other creditors when fraud occurs, but the expense is still detracting enough from their revenue to cause concern.
October 23 -
A new credit score that includes consumers' cash flow alongside their credit score is winning praise for its potential to help expand access to credit, but some worry it gives the credit bureaus even more data that could be compromised.
October 23 -
Despite an overall weak mortgage originations market, Flagstar Bancorp's third-quarter earnings grew 20%, due in large part to its ongoing efforts to diversify operations.
October 23 -
Mortgage technology company SharperLending is tapping mobile devices to offer a quicker and more efficient loan process for lenders in instances that don’t require full appraisals.
October 23 -
With home values nearly doubling income growth in the last 20 years, it's now taking homebuyers 7.2 years to put together a down payment, according to Zillow.
October 23














