Housing

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.

Delinquencies on residential mortgages in the third quarter declined on a national recovery in housing prices and other factors, according to the Mortgage Bankers Association.

Confidence among homebuilders eased in November from a decade-high, indicating some cooling in the housing market.

TD Bank USA plans to hire additional mortgage lenders as it seeks to expand its mortgage business in the Northeast U.S.

Mortgage delinquency rates continued their double-digit yearly declines in the third quarter, according to TransUnion.

The Federal Housing Administration reported better than expected financial results on Monday, with the ratio of reserves to guaranteed loans soaring past its minimum threshold to reach 2.07%.

Mortgage applications for new homes accelerated in decline in October.

Fannie and Freddie are irredeemable failures, which must be abolished as the first step in any type of housing finance reform — if current and former officials of the U.S. Department of the Treasury are to be believed.

Homeowners are less and less pushed to sell by market conditions, according to Seattle-based brokerage firm Redfin.

Home prices climbed in 87% of U.S. metropolitan areas in the third quarter, with gains nationwide slowing to a healthier pace, the National Association of Realtors said.

Rates on 30-year fixed-rate mortgages rose to the highest level since the end of July as a strong jobs report increased the likelihood that the Federal Reserve will boost borrowing costs for banks.