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The exurbs were the only area that posted annual growth in new single-family home permits in the first quarter, highlighting an ongoing affordability battle for homebuyers and builders looking for land, according to the NAHB.
May 28 -
From secondary markets along the East Coast to the heart of the Midwest, here's a look at cities where consumers are losing ground in purchasing power as summer approaches, based on changes in housing values compared to local wages and mortgage rates.
May 28 -
Plaza Home Mortgage has improved its pricing for certain jumbo loans that Fannie Mae's automated underwriting system approves, but categorizes as ineligible due to loan size.
May 28 -
Dan Gilbert, the billionaire founder of mortgage giant Quicken Loans Inc. and owner of the NBA's Cleveland Cavaliers, is "awake, responsive and resting comfortably," a day after suffering a stroke.
May 28 -
Loan officers need to market their services toward the fact millennials are more likely to become homeowners prior to marriage than baby boomers were, a SunTrust survey found.
May 28 -
The sale of Lisa Kloid's Northeast Baltimore house was moving along quickly. It went under contract in April after less than a month, and the settlement was moved up to accommodate the eager first-time buyers.
May 28 -
After years as an oasis of affordability, Tacoma is rapidly losing its status as a refuge for homebuyers priced out of places like Seattle.
May 28 -
Home-price gains in 20 U.S. cities decelerated in March for a 12th straight month, suggesting sellers have yet to fully adjust to buyers’ demands for affordable properties.
May 28 -
Kathy Kraninger, the bureau's director, is in a standoff with Democrats about her claim that the agency cannot supervise institutions under the Military Lending Act.
May 27 -
First American Financial may have allowed unauthorized access to more than 885 million records related to mortgage deals going back to 2003, according to a security researcher.
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