Industries

More than a quarter of the respondents to a Redfin survey don't know how much their agent got, with 19% unaware of who actually paid them.

The downward trend comes as servicers and agencies continue to implement programs aimed at keeping borrowers in their homes.

The pending end of the program comes as over half of U.S. states have already ceased accepting new applicants for federal aid aimed to help struggling households with mortgage payments.

Lower commodity prices and decreases in government assistance are expected to push farm income lower this year and raise credit risk for banks.

In the four years since February 2020, rents have risen overall by approximately 28%, Corelogic found.

Policy experts say the mix of proposals put forth by the White House could ease the nation's housing shortage, but success will be neither quick nor assured.

The Congressional Budget Office put an estimate on the net government subsidy provided to the Federal Home Loan Bank System, including the so-called "implied guarantee," on bonds priced and sold to investors.

Since mid-January, "we have seen a meaningful uptick in demand that has continued through this past weekend," Toll Brothers Chief Executive Officer Doug Yearley said in an earnings call Wednesday. 

Comparable sales fell 3.5% in its fiscal fourth quarter, Home Depot said Tuesday.

The public retirement fund, one of the biggest in the US, said four years ago it would review all of its fossil-fuel holdings as it sought to reduce investment risks linked to climate change.

Treasury Secretary Janet Yellen didn't directly address the turmoil at New York Community Bank, and said that while some smaller institutions could be hit by a changing commercial real estate market, she doesn't anticipate these mortgages will become a systemic risk.

The top five states have an average realtor commission rate of 6.04%.

Ohio Gov. Mike DeWine rolled out the Welcome Home Ohio program, a product of the Ohio legislature's biennium budget bill, House Bill 33.

The online real estate and mortgage company alleges the defendants are violating the Sherman Antitrust Act by impeding a scheduling platform it owns.

While mortgage assumptions are on the rise, so too are complaints leveled against mortgage servicers for how they handle the loans. A common refrain is that the companies are moving too slowly.

Spending on furniture and related items fell nearly 12% from the year-earlier period in October.

Stress tests suggest systemically important depositories could weather current risks. Meanwhile, single-family arrears remain low, but that business could be impacted.

In Canada and the U.K., borrowers can take mortgages with them from home to home. Some say this feature could unlock the U.S. housing market, but others say it would be more trouble than it's worth.

A complicating factor is that many consumers do not understand how their real estate agent – on either the buy- or sell-side – actually gets paid, Clever Real Estate found.

In her first remarks since the release of a sweeping report on the banks, Federal Housing Finance Agency Director Sandra Thompson urges them to strengthen underwriting and communication with their members' regulators.