Economy

The Federal Housing Finance Agency's plan to combine Fannie Mae and Freddie Mac mortgages into a single security starting in June 2019 promises to bring both benefits and challenges to the mortgage sector.

Toronto-Dominion Bank has lifted its posted rate for five-year fixed mortgages by 45 basis points to 5.59% as Canadian government bond yields touched their highest levels since 2011 this week.

Home prices in nearly half of all major markets are still below their precrisis peaks. Here's a look at 12 cities on the verge of crossing that threshold.

Though the number of homebuyers requesting house tours grew, those actually making an offer fell considerably, according to Redfin.

Home prices in 20 U.S. cities grew in February at the fastest pace since mid-2014, underscoring the persistent scarcity of inventory amid strong demand, according to S&P CoreLogic Case-Shiller.

New-home sales increased in March to a four-month high, mainly reflecting a surge in the West along with upward revisions to prior months that showed stronger first-quarter demand than previously estimated.

More than half of Dallas-area neighborhoods saw a decline in home purchases in early 2018 after years of rising sales.

The lower end of Santa Cruz's downtown, a major gateway to the city's commercial core, is beginning to see some of the attention its busier north end has enjoyed to date.

A special agent who used to work for an investigative arm of Immigration and Customs Enforcement pleaded guilty to defrauding Freddie Mac and SunTrust Mortgage through a short sale.

Sales of previously owned homes rose to a four-month high in March as buyers, fueled by a solid job market and tax cuts, quickly snapped up the limited number of available properties.

Homes worth $1 million or more this year continue to generate the biggest growth in residential sales for Sonoma County, Calif., even as the number of purchases keep falling in the less expensive portion of the market.

The Portland area's housing market fell into in a familiar pattern in March, with strong demand undercut by a slim supply of homes on the market.

A data validation integration Freddie Mac is adding to its technology platform could also deliver representation and warranty relief to lenders when it verifies self-employed borrowers' incomes.

South Florida's economy seems to be firing on all cylinders. Unemployment is low, construction activity has rebounded and home values have bounced back.

The Austin area's home sales and median home sales price both hit record highs for the month of March, bringing the region's housing market to a strong close for the first quarter.

Homes sales in metro Toledo, Ohio, dropped 4.3% in March even as area home prices continued to rise, according to new figures from the Toledo Regional Association of Realtors.

Fierce competition for a limited number of homes pushed house prices higher in March, with Southern California homebuyers paying the highest median prices in more than a decade.

From the latest developments in digital mortgages to information about agency technology implementation, here's a look at eight things we learned at the 2018 MBA Tech conference.

Dallas-Fort Worth homes was one of the fastest-selling home markets in the country last year.

A sweeping bill that would have given the state unprecedented power over local development failed in its first committee hearing, crushing the hopes of those who saw it as the key to making housing in the state more affordable.