Housing

Freddie Mac's Multi-Indicator Market Index is pursuing its slow climb, but still shows housing recovering unevenly across the nation.

Mortgage rates remained steady during the week ending Nov. 25, according to Freddie Mac's Primary Mortgage Market Survey.

The percentage of mortgage applications with defects declined in October, according to First American Financial Corp.

Purchases of new homes rebounded in October from a 14-month low and order backlogs reached an eight-year high, indicating a pickup in residential construction.

The Federal Housing Finance Agency said Wednesday that conforming loan limits for mortgages purchased by Fannie Mae and Freddie Mac will remain at existing levels except in 39 high-cost counties.

Mortgage applications fell 3.2% on a seasonally adjusted basis for the week ending Nov. 20 compared to one week earlier, according to the Mortgage Bankers Association.

Home prices rose 5.7% in the third quarter from a year earlier as buyers competed for a tight supply of properties on the market.

A new Fannie Mae program allowing non-borrower income to count in qualifying homeowners for low-down-payment loans received near-universal praise from industry representatives and federal officials at a recent housing symposium.

Rising incomes and other affordability markers have tempered the impact of rising home prices in hot West Coast markets, according to Pro Teck Valuation Services.

Home prices in 20 U.S. cities climbed more than forecast in September from the same month last year, signaling residential real estate is sustaining momentum.

Current market conditions have caused existing-home sales capacity to recede in October, according to a report by First American Financial Corp.

Sales of previously owned homes retreated in October from the second-highest level since 2007 as lean inventory limited momentum in residential real estate.

The percentage of consumers applying for credit remained steady through October as refinancing increased, but more consumers became discouraged by the process, according to the Federal Reserve Bank of New York.

Higher mortgage rates and other macroeconomic challenges may dampen lending under the Federal Housing Administration's single-family program, but they will produce a net benefit to the insurance fund. Here's why.

As demand outpaced supply in the third quarter, the amount of money consumers put down to buy a home ticked up, according to LendingTree.

Cenlar FSB, the nation's largest mortgage subservicer, will open a loan-servicing center in Tempe, Ariz.

Interest rates on 30-year fixed-rate mortgages fell slightly during the week ending Nov. 19, as the market and investors have mixed opinions on whether the Federal Reserve will raise interest rates next month, according to Freddie Mac.

renters, down payment, Freddie Mac, home buying

Mortgage applications rose from the previous week despite a nearly across-the-board increase in interest rates, according to the Mortgage Bankers Association.

New homebuilding declined more than projected in October, led by a slump in apartment construction and showing fitful progress in residential real estate.