Economy

Sales of existing homes in Northwest Indiana grew in January as compared to a year ago, but not by as much as prices.

First-time homebuyers using loans backed by private mortgage insurance soared in the fourth quarter on the growing popularity of Fannie Mae and Freddie Mac's 3% down payment options, according to Genworth.

Private mortgage insurance continued to take market share from the Federal Housing Administration in 2017, with both products outpacing the growth in mortgage debt outstanding.

Nearly 50 years after the federal Fair Housing Act was signed into law, banning racial discrimination in lending, black prospective homebuyers in the St. Louis area continue to be denied conventional mortgage loans at a much higher rate than whites.

Marin County's already inflated housing market climbed even more in 2017, with the median price of all homes at $980,000, an 8.9% jump from the 2016 median of $900,000.

Sales of previously owned homes unexpectedly fell in January to a four-month low, indicating a shortage of available properties is increasingly hindering the real estate industry.

The Supreme Court dealt hedge funds and other big investors a blow Tuesday by refusing to revive core parts of lawsuits that challenged the federal government’s capture of billions of dollars in profits generated by Fannie Mae and Freddie Mac.

Mortgage borrowers 60 days or more late with their payments declined both quarter-to-quarter and year-over-year, as recession-era defaults work their way out of the system.

Still shaken from last fall's wildfires, the Sonoma County, Calif., housing market saw its inventory drop in January to the lowest level for the month in more than a quarter-century.

As the debate over housing reform heats up, policymakers should give careful consideration to a plan that recapitalizes the government-sponsored enterprises.

The House Financial Services Committee chairman is calling out Fannie Mae and Freddie Mac's regulator for authorizing payments to two housing trust funds while the mortgage giants have their own financial struggles.

Freddie Mac is now accepting bids on $420 million in nonperforming loans, its first NPL sale of 2018.

With manufactured housing growth still sluggish, industry advocates want the Department of Housing and Urban Development rules to be more in line with current building trends.

Bay Area home prices are out of reach for many middle-income families, but surely if you're a highly prized engineer at Apple or Google you can afford a house here, right?

New-home construction rose in January to the highest level since October 2016, helped by a surge in apartment building, as momentum in the housing market continues into 2018.

Freddie Mac posted a fourth-quarter net loss of $3.3 billion and will request $312 million from the Treasury after recent tax reform legislation forced it to write down the value of deferred tax assets.

The 2018 spring home buying season could be even more competitive than last year's, marked by fewer listings, quicker sales, and a higher percentage of homes selling above the asking price in January.

Home prices set another record high in the Buffalo Niagara region during January, as a dearth of available homes continues to drive up home values even as fewer homes change hands.

The hot spot driving the greatest share of home sales in the core Orlando market sits atop former citrus groves nestled between historic Winter Garden and Disney theme parks.

Confidence among American homebuilders held steady in February near the highest level since 1999, suggesting that demand for housing is expected to remain strong.