Economy

Home prices are climbing in Long Island City, giving buyers a taste of what they can expect in the Queens neighborhood as Amazon.com Inc. moves in.

For hedge funds that have been hoping the Trump administration would deliver a windfall on their investments in Fannie Mae and Freddie Mac, 2019 could be a make-or-break year.

The White House said that Comptroller of the Currency Joseph Otting will serve as acting director of the Federal Housing Finance Agency beginning Jan. 6, after Director Mel Watt’s term ends.

New Mexico's housing market continues to set records and continues to buck national trends, according to November numbers.

Housing inventory has grown annually for three straight months following four years of declines, but the gains are small and uneven, according to Zillow.

It's shaping up to be another record year for the Austin-area housing market.

Consumers traditionally pick the lender with the best rate and the lowest payment, but in a competitive marketplace, the customer's digital mortgage experience is often the first tiebreaker.

New American Funding expects to add $1 billion to its annual production next year by purchasing Marketplace Home Mortgage.

Tackling millennial hurdles has been top of mind for the mortgage industry, but the youngest non-homeowners have the smallest share claiming that qualifying for a mortgage will be a big challenge, according to the National Association of Realtors.

The city of St. Augustine, Fla., is expected to get an abundance of new apartments and houses, and some of them are taking shape now.

A Flora Vista, N.M., man accused of five felony charges for forging a signature on real estate paperwork then ordering an employee to dispose of property from the victim's residence has agreed to a plea agreement.

A proposal allowing more lenders to skip outside appraisals could remove a hurdle to quick closings, but appraisers say they could be collateral damage.

The current deputy secretary of the Department of Housing and Urban Development, Pam Patenaude, will step down in January.

Housing could be in for a slowdown as three indicators of new- and existing-home construction activity fell year-over-year for the first time since 2011, according to BuildFax.

Online competition has threatened brick-and-mortar retail, but as holiday shopping surveys this year show, certain businesses in the sector are still attractive to consumers and commercial mortgage lenders.

November home sales slipped in Northeast Ohio and recent price gains appear to be cooling, mirroring national signs that the housing market might be pausing for breath after a run of growth.

The Federal Housing Finance Agency has proposed barring Fannie Mae and Freddie Mac from using credit scores developed by VantageScore over concern about conflicts of interest with the joint venture of Equifax, Experian and TransUnion.

In most of the country, single women are outpacing men when it comes to homeownership, despite females only making 80% of what the average male does, according to a LendingTree report.

Mortgage applications to purchase newly constructed homes continues to decline, driven by affordability concerns among potential buyers, the Mortgage Bankers Association said.

In Philadelphia, there is no limit to the amount by which assessments — the value used to calculate property tax bills — can increase in one year.