Economy

Fannie Mae reduced its mortgage origination volume forecast for 2018 and 2019 as rising interest rates are affecting refinancings now, and will curtail purchase activity going forward.

Commercial and multifamily loan originations may not be up by much from a year ago, but borrowing and lending behaviors were drastically different in the first quarter.

Central Texas home sales and median home prices both climbed last month to the highest level of any April on record.

Newbies to Chicago's suburbs are increasingly stowing cars and slipping into walking shoes.

The Buffalo Niagara, N.Y., housing market stayed smoking hot in April as the spring home-buying season began.

New-home construction declined in April as fewer starts of apartment projects outweighed a modest improvement in single-family structures, government figures showed Wednesday.

Nationstar Mortgage has agreed to refund or reverse more than $1 million in inspection fees, settling allegations by Maryland officials it illegally charged homeowners.

Dallas-Fort Worth home prices rose by only 6% in the first quarter.

Many Florida communities are experiencing a renewed clamor for affordable housing options as rising home prices and rents squeeze budgets.

John Krenitsky, who previously managed compliance for Discover Financial Services and various banks, is joining Freddie Mac as senior vice president and chief compliance officer on June 1.

Houston's housing market strengthened in April as buyers hunted for a limited number of moderately priced homes and, to a lesser extent, properties with seven-figure price tags.

A residential complex of affordable homes may sprout on the site of a municipal parking lot in downtown San Jose near the bustle of hotels, the city convention center and office towers.

Nationstar Mortgage may face a Consumer Financial Protection Bureau enforcement action over alleged violations of the Real Estate Settlement Act and other regulations, the Mr. Cooper parent company said.

Sonoma County supervisors have signed off on a wide-ranging suite of policy changes intended to encourage construction of more new homes seven months after nearly 5,300 residences were lost here in last year's devastating wildfires.

Home sale prices in the Baltimore region continued their upward march in April, with the median price hitting $267,900, as the inventory of homes listed for sale remained tight.

The home buying season is already shaping up to be especially competitive this year, as rising prices and mortgage rates are putting a damper on purchasing power in many once-affordable housing markets.

There's a reason why people are seriously considering having Miami teachers live at school.

Every month it seems the Charlotte home market can't get much tighter, then every month, it does.

California is set to become the first state to require solar panels on all newly built single-family houses.

Real estate brokers said it could easily be a year or two before property values in the immediate and surrounding areas of lava breakouts recover after the eruption ceases.