Economy

Homeownership paid big dividends for Southern Californians who have owned their residences since the housing recovery began five years ago.

The plight of Orlando-area renters sheds light on a new set of post-Irma realities — rent payments on uninhabitable homes and apartments, challenges getting rent deposits refunded and few housing options in a tight rental market.

Statewide home sales rose during August, despite a nationwide pullback in purchases of previously owned properties.

The percentage of newly originated loans that are used to refinance an existing mortgage could shrink dramatically in 2018 as rates rise and burnout continues.

Wall Street analysts are keeping Dallas-Fort Worth on their watch list of markets where housing prices are out of whack.

Homeowners gained an average of $12,987 in equity from last year, with Western states leading the increase.

A lackluster supply of available homes is slowing sales across South Florida — but the shortage of listings also keeps pushing prices higher as buyers have little choice but to pay more for what they want.

Maine's housing economy got a late-summer boost in August, with year-over-year increases in both home sales volume and median sale price.

The market for potential existing-home sales declined in August, while Hurricanes Harvey and Irma are also expected to impact the market for home sales in the short term.

Central Texas home sales edged up only slightly in August, while the median home-sale price rose 4% to $300,000, the Austin Board of Realtors said.

Sales of existing homes in Wisconsin rose slightly in August from the same month a year ago, capping off what real estate professionals say was a good summer selling season.

Sales of previously owned homes declined to a one-year low in August as affordability continued to hamper demand and Hurricane Harvey caused a slump in Houston-area purchases.

While many mortgage lenders focus on updating the front end of the borrower experience, other lenders are making strides on the back end of the process with new electronic closing capabilities.

Technology isn't a magic bullet for success, and just doing mortgages digitally doesn't change how the business fundamentally works.

An organization that plays a role in the racial integration of Tennessee's neighborhoods and schools has — after nearly 100 years — installed its first black president.

Along with the temperature, the housing market in the Twin Cities is beginning to cool.t

An overwhelming majority of millennials with student loan debt do not currently own a home, and are blaming student debt for delaying their ability to purchase.

Mortgage investors want Freddie Mac to align its policy with Fannie Mae's when it comes to how delinquencies related to Hurricane Harvey affect credit risk transfer deals.

Steady new-home construction in August together with a jump in permits indicate the housing market was moving ahead before a likely temporary hit from Hurricanes Harvey and Irma.

Efforts to persuade regulators to allow Fannie Mae and Freddie Mac to use alternative credit scores would stifle competition between the credit bureaus and FICO and do little to expand access to credit, according to industry analyst Chris Whalen.