Economy

A gauge of contracts to purchase previously owned homes unexpectedly declined in January to a more than three-year low, reflecting a shortage of inventories and rising mortgage rates.

NMI Holdings' common stock sale puts the company in a stronger position for future fundraising efforts, such as a now-delayed debt offering.

Despite growth in both mortgage rates and home prices, housing demand kicked off 2018 with its strongest January on record, according to Redfin.

El Paso's resale home prices hit a record high in 2017, new data show

The rise in Portland-area home prices slowed through 2017, new figures show.

In a move designed to recruit and retain high-quality origination staff and fuel its expansion plans, USA Mortgage is turning over 100% control of the St. Louis-based nonbank lender to its workers through an employee stock ownership plan.

The Hispanic homeownership rate grew for the third straight year in 2017 and the number of homeowners in the demographic group is at an all-time high, despite ongoing concerns about immigration policy and the shortage of homes for sale.

Dallas-area home prices were up 6.9% in the latest national comparison.

Tired of working as a yacht captain, Pancho Jiminez decided to get into real estate even though he knows it's a highly competitive field in Florida.

Freddie Mac is delaying the soft launch of its Phrase 3 updates to the Uniform Loan Delivery Dataset by a week.

Credit unions favor housing finance reforms that would keep the government-sponsored enterprises or something similar in place, but add an explicit government guarantee to their mortgage-backed securities, according to a recent survey.

House Chief Deputy Whip Patrick McHenry, R-N.C., said House lawmakers are having discussions with the Senate about ways to go further on rolling back Dodd-Frank before the Senate is expected to hold a floor vote.

Home prices achieved a new peak in December while also marking 68 consecutive months in annual home price appreciation, according to Black Knight.

Tony Hicks moved to San Jose in 1981, but he's had enough.

Home prices in Maine jumped by more than 5% in January compared with a year earlier, while the volume of sales was relatively flat.

As a bipartisan regulatory relief bill approaches the finish line in the Senate, the House has mostly stood on the sidelines. But no one expects the lower chamber to just rubber-stamp the deal.

Stephen Calk is in the national media glare because his small Chicago-based bank made two enormous loans to Paul Manafort, President Trump's onetime campaign manager. Here’s a look at Calk's career and how he ended up in this spot.

A $2.38 million loan Remax founder and former CEO David Liniger provided to the company's then-chief operating officer, Adam Contos, violated the company's code of ethics because its board of directors was never told about it, the company said as it announced it had completed an internal investigation.

Low home inventory continues to put upward pressure on home prices, but affordability strains may be overstated, according to First American Financial Corp.

Historically low inventory pushed up Rhode Island's median home price by 9% in January, and the diminishing supply is hindering sales, which fell by 9%.