Industries

MetLife Inc. stepped up its investment in commercial real estate last year, the life insurer announced.

Contracts to purchase previously owned homes unexpectedly fell in December by the most in a year, a sign the industry’s recovery remains uneven.

The U.S. homeownership rate fell to the lowest in more than two decades in the fourth quarter as many would-be buyers stayed on the sidelines, giving the rental market a boost.

Two affordable-housing organizations — one based in Old Saybrook and the other in Old Lyme — have joined together in a move that representatives say could lead to new housing opportunities.

Mortgage interest rates rose by three basis points compared with the previous week, the first time there has been an increase since the last week of December, according to Freddie Mac.

Fannie Mae recently released its Collateral Underwriter automated risk assessment tool, which evaluates the risk associated with appraisals. It does not accept or reject appraisals, nor does it provide lenders with an estimate of a property's value.

If Zillow is allowed to acquire rival Trulia, the company says it will maintain both brands' websites.

Purchase loan volume increased in December, reversing a four-month decline, according to the mortgage data firm Ellie Mae.

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Sales of single-family homes in Connecticut rose 2.4% compared to the same period a year earlier.

Hudson City Bancorp in Paramus, N.J., reported lower quarterly profitsas its loan book keeps shrinking.

As the key spring homeselling season approaches, buyers are finding deals on new houses as builders focus on boosting revenue.

At a hearing Tuesday, GOP lawmakers hammered FHFA Director Mel Watt for four hours over his recent decisions to allow Fannie Mae and Freddie Mac to buy loans with lower downpayments and provide money to two affordable housing trust funds.

D.R. Horton, the nation's largest homebuilder, has found success in marketing new homes to the underserved niche of first-time buyers.

Last year was a good year for residential real estate in the Pittsburgh region as a whole, but two of the hottest areas of the city for price appreciation and sales were Lawrenceville and East Liberty.

Home prices in Los Angeles and Orange counties climbed 5.1% in November from a year earlier, according to a leading gauge.

Almost 80% of the metro Milwaukee area's most-active real estate markets saw an increase in the average home price in 2014, and real estate analysts expect the trend to continue this year.

Auction.com is not expecting existing-home sales to massively increase in January compared to the previous month.

Purchases of new homes jumped in December to the highest level in more than six years, a sign the industry is poised to keep expanding in 2015.

Home prices in 20 U.S. cities rose at a slower pace in the year ended in November, a sign the industry struggled to find momentum even amid low mortgage rates.