Mortgage rates

In the constant search for metro areas offering affordability and purchasing power, consumers abscond exorbitantly priced big cities in favor of alternative locales further inland.

New Residential Investment Corp. took a $32 million net loss in the second quarter as it diversified its business lines and repositioned to protect its mortgage servicing rights from falling rates.

Any growth in housing starts and home sales in the second half of 2019 will be muted by continuing inventory constraints and rising home prices, according to Freddie Mac.

Low mortgage rates and thriving employment should be the recipe for a strong housing market. Instead, they're deepening America's affordability crisis.

Contract signings to purchase previously owned homes rose in June by the most in three months, indicating demand may pick up with the help of lower mortgage rates and steady job growth.

Southern California home prices rose only 1.2% in June from a year earlier, while sales fell 8.8%, reflecting a broad slowdown in the region's pricey housing market.

Some believe the administration will delay action on Fannie Mae and Freddie Mac to avoid any political fallout. Others say the window for reform is closing.

From Jacksonville, Fla., to Seattle, here's a look at the 12 most favorable housing markets for homebuyer purchasing power, based on a combination of local wages, lower property values and mortgage rates.

When a recession occurs, it won't be because of the housing market, according to Zillow. Unlike 2008, 2020 forecasts a gradual slowdown in housing rather than an abrupt crash.

Mortgage fraud risk took a serious dive in the second quarter amid lower interest rates, which brought more refinance transactions into the market, according to CoreLogic.