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Millennial homeownership rates declined between 2009 and 2016 before picking up in 2017, even as the number of households under the age of 35 dropped by over 1 million, a ValuePenguin study found.
October 10 -
Here's a look at five up-and-coming housing markets for digital mortgage professionals, based on home affordability and the availability of technology careers.
October 10 -
Weaker-than-expected economic data led to a decline in mortgage rates this week, although consumer attitudes remain strong, and should continue to drive increased home purchase demand, according to Freddie Mac.
October 10 -
The Department of Veterans Affairs distributed more than $400 million in refunded home loan fees after finding exempt borrowers were mistakenly charged due to clerical errors related to their disability status.
October 10 -
A year after Fannie Mae launched its first credit-risk transfer securitization using a real estate mortgage investment conduit, Freddie is now electing to also opt for a REMIC format in offloading the credit risk to private investors.
October 10 -
Houston-area home sales increased nearly 10% in September from a year ago as buyers closed on 7,035 single-family homes, the bulk of which sold for between $150,000 and $500,000.
October 10 -
The median sales price for a single-family home in Cuyahoga County was $127,000 last month, up 3% from September a year ago, but down from the higher summer prices.
October 10 -
One million dollar tear-downs. Bidding wars. House hunts that last for years. Life in the Bay Area real estate market has long been harsh for buyers.
October 10 -
The developer of the newly constructed Washington, D.C., headquarters for Fannie Mae is securitizing part of its $525 million, 10-year mortgage through a single-asset, mortgage-backed transaction.
October 10 -
Detroit and Wayne County officials want to wipe away portions of property tax debt for thousands of poor homeowners as part of a new proposal.
October 9 -
The court passed up a recent opportunity to clarify confusion about Americans with Disabilities Act requirements for business websites, raising concerns among bankers that they could become an even more inviting litigation target.
October 9 -
As the climate crisis worsens, more Americans will be forced from their homes. Many won't be able to afford it, and the U.S. isn't prepared for a massive, government-subsidized migration away from flood-prone areas.
October 9 -
The rating agency upgraded the hospital system to Aa2 from Aa3.
October 9 -
Altisource Portfolio Solutions is adding its online "for sale by owner" real estate platform to the list of noncore businesses it is shutting.
October 9 -
U.K. house prices are growing at the slowest rate in more than six years, according to mortgage lender Halifax.
October 9 -
Mortgage applications jumped 5.2% from one week earlier as a drop in rates caused another surge in refinances, according to the Mortgage Bankers Association.
October 9 -
More single-family homes on Oahu sold at a lower median price last month compared with September 2018, while fewer condominiums sold at a higher price, according to the Honolulu Board of Realtors.
October 9 -
Home sales in the Wilmington, N.C., area finished the summer strong and steady, according to August figures from the Cape Fear Realtors.
October 9 -
Inching closer to the region's all-time high of $315,000, the median price for a home in Southern Nevada crept higher in September.
October 9 -
From Texas to Ohio, here's a look at the top 15 housing markets providing the shortest timelines for renters to buy a home, according to SmartAsset.
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