Economy

Granite Point Mortgage Trust priced its initial public offering at $19.50 per share, which was below the $20 to $21 range the company expected.

Statewide home sales hit a record pace during May, edging up from April and besting the previous year's level.

The median price of a single-family home in Marin County, Calif., hit a new high in May to $1.25 million.

The U.S. Supreme Court dealt a blow to property-rights advocates, ruling against four siblings who said they were unconstitutionally barred from building on a Wisconsin riverfront lot.

Record prices for new homes amid a sales pickup indicate the supply of houses may be tight at the lower end of the market, pinching first-time buyers.

The housing market is looking a little top-heavy these days.

In summer 2007, the Los Angeles County median home price hit an all-time high of $550,000. It soon plunged as the housing bubble burst and the national economy crashed.

Homebuyers went on a shopping spree in Miami-Dade in May — and snapped up enough houses to set a new record.

From vendor choice to valuations, here's a look at the key differences between Fannie and Freddie's upfront rep and warrant relief strategies.

The purchase mortgage share increased 15 percentage points in the first five months of 2017 to 68% of all closed loans in May, according to Ellie Mae.

Apartments in Albuquerque are in high demand as occupancy rates remain strong and rent continues to climb.

A pickup in sales of previously owned homes signals the housing market is making progress despite inventory constraints that are sending prices to all-time highs.

Traditional partnerships with lenders have been eroded by compliance strains and new incentives to control more of the homebuying transaction.

The market for existing-home sales underperformed its potential by 3.8% because of the inventory shortage, according to First American Financial Corp.

The young adult homeownership rate should increase by 1.5 percentage points over the next two decades as education attainment among racial and ethnic minorities continues to rise.

More homes went on the market last month than in any since 2008, a sign that the logjam that's characterized the Portland-area market in recent years could be breaking.

Metro Atlanta housing got a healthy dose of same-old, same-old in two new reports.

Managing portfolios for an influx of servicing rights investors helps mortgage companies augment revenue and keep rising costs and compliance risks in check.

With refinancing coming in a little stronger than expected and underwriting loosening, Fannie Mae has slightly increased its forecast for total volume in 2017.

While home prices have increased sharply in expensive coastal cities, plenty of urban centers are lagging behind.