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U.S. home price increases should soften this year, but central Ohio homebuyers might not see much relief, according to one of the nation's best-known housing economists.

For the first time in 15 years, fewer than 2 million mortgaged properties lie in default or foreclosure status as of the end of January, according to Black Knight.

Even with the small increase in mortgage rates this past week, the home purchase market stayed active and should remain so for the peak buying season.

The CEO of Freedom Mortgage, Stanley Middleman, provides his take on trends affecting independent mortgage bankers as well as the residential real estate finance industry at large.

Following a record 2019 for the Central Texas housing market, 2020 has kicked off in much the same way, with home sales and median sales prices again reaching record highs in January.

It is the start of a new decade, and here are six trends that will play a critical role in reshaping the mortgage industry.

Low mortgage rates are setting the stage for growth, not just in refinancings, but in purchase volume as well during 2020, according to Ellie Mae.

Over 67% of the loan balances in Sabal Capital Partners' commercial mortgage MBS deal were for apartment buildings financed through the Irvine, Calif.-based firm.

Quontic has rolled out a streamlined non-qualified mortgage refinance product that will not require the borrower to provide verifications or documentation.

While Seattle was the nation's fastest-rising housing market between 2016 and 2018, Tacoma now holds that dubious honor, according to Redfin.

The metro Atlanta housing market has continued to heat up, with sales jumping and pricing rising modestly since the start of the year.

Finance Minister Bill Morneau is relaxing mortgage qualification rules to make it easier for homebuyers to secure financing, a move that could give Canada's real estate market another boost.

The pursuit of a dream home became a nightmare for apartment hunters who were scammed out of tens of thousands of dollars by an agent pushing a phony affordable housing scheme in Brooklyn, N.Y., authorities said.

A dip in conventional mortgage refinance demand drove mortgage application volume down compared with one week earlier, according to the Mortgage Bankers Association.

New-home construction remained robust in January and applications to build jumped to the highest level since 2007 as low mortgage rates and a solid labor market continued to fuel housing demand.

The notes in Citigroup Commercial Mortgage Trust 2020-555 are backed by a beneficial interest in the trust’s $350 million portion of the 119-month fixed-rate commercial loan. The loan is secured by a 52-story New York luxury apartment building in Manhattan’s Midtown West submarket.

Years after criticizing the Dodd-Frank Act, the Democratic presidential candidate and former New York City Mayor Michael Bloomberg is now taking a page from the Elizabeth Warren playbook.

Newly constructed home purchase application volume continued its upward momentum during January, with unexpectedly low mortgage rates encouraging consumers to start shopping now, according to the Mortgage Bankers Association.

Alexander most recently headed up mortgage lending and before that co-led the integration of Key's acquisition of First Niagara. He replaces Dennis Devine, who recently left the company.

Baton Rouge, La.-area home sales were up 18% in January compared to the year before when numbers likely were affected by a federal government shutdown.