Down payments

The vast majority of Americans, especially those that could be downsizing into a smaller property, would rather renovate their current home than save for a down payment, a Zillow survey found.

Home price index swaps, treated as a second lien on a property, will be used to reduce the default risk associated with low down payment mortgages, one of the program's creators said.

Millennials are targeting homeownership within the next few years, but many are buying into certain house-purchasing myths, according to Bank of America.

Homebuyers put about 15% toward a down payment on house, spend $40,000 in one-time fees and thousands in closing costs, presenting an opportunity for lenders to leverage education and product offerings to prepare them for a purchase.

Homebuyers saving for a down payment contributed to the slowest rate of August price appreciation in nearly two years; and the market could have even less momentum by next summer.

Millennials make up the largest constituent group for both homebuyers and sellers, which could put a squeeze on lending and eventually shift the market.

As home prices continue to rise, a record-high 77% of people surveyed think it's currently a strong time to sell a house, according to the National Association of Realtors.

NMI Holdings is laying the groundwork for President Claudia Merkle to replace CEO Bradley Shuster next year.

Mortgage origination volume continues to decline as homebuyers receiving loans bring more money to the closing table.

How affordable is Tampa Bay? One test is whether someone earning the median income can afford the median priced home.