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To meet a 20% down payment, homebuyers on average have to spend more than two-thirds of the average annual income, according to a report from Zillow.
January 13 -
The Federal Housing Administration program could see a $50 billion increase in single-family loan endorsements this year if a planned 25-basis-point annual premium cut goes into effect on Jan. 27.
January 13 -
JPMorgan Chase's net mortgage banking revenue for the fourth quarter was $1.69 billion, an increase of just 1% over the same period in 2015.
January 13 -
The Seattle company warned that fourth-quarter profit could fall more than 80% from a year earlier.
January 13 -
Higher interest rates will add stress for millennials looking to buy a home, according to an analysis from Fitch Ratings.
January 13 -
Mortgage industry hiring and new job appointments for the week ending Jan. 13.
January 13 -
Bank of America Corp.'s fourth-quarter mortgage revenue almost doubled to $519 million from a year earlier.
January 13 -
Banks have started reconsidering how much they are willing to pay for low-income housing tax credits as expectations of a Trump tax cut surge, slowing down some projects already and threatening developers with heavier financing burdens.
January 13 -
PNC's fourth-quarter profit improved on higher lending to corporate customers for real estate and other loans.
January 13 -
The Trump administration gave the first clear sign Thursday that it intends to dismiss Consumer Financial Protection Bureau Director Richard Cordray.
January 12 -
Housing and Urban Development Secretary-designate Ben Carson is open to finding alternatives to the 30-year fixed-rate mortgage, but believes there must be some government backstop to the housing market.
January 12 -
Homebuyers in Brooklyn competed for a record-low number of listings in the fourth quarter, driving up prices in the New York borough that's historically been seen as a refuge from Manhattan's high costs.
January 12 -
Mortgage applications for new home purchases rose 2% year over year in December, the Mortgage Bankers Association reported.
January 12 -
Mortgage rates moved lower for the second consecutive week on the market's reaction to November's employment numbers, according to Freddie Mac.
January 12 -
Treasury Secretary-designate Seven Mnuchin will divest himself of his investments and interests in a number of companies and funds once confirmed, including a fund that has bet on Fannie Mae and Freddie Mac being recapitalized and released from government control.
January 11 -
Housing is not in a bubble even though home prices are unlikely to decline in the next two years, according to a new report from Arch MI.
January 11 -
Sen. Elizabeth Warren, D-Mass., rallied progressives on Tuesday night to launch a campaign to defend the Consumer Financial Protection Bureau and the Dodd-Frank Act.
January 11 -
HUD Secretary-designate Ben Carson is all but certain to get confirmed to his post unless he makes a major mistake during his confirmation hearing. Given his lackluster performance during the GOP presidential debates last year, some wonder if that's a possibility.
January 11 -
Flushing Financial in Uniondale, N.Y., has its next chairman lined up.
January 11 -
A Trulia analysis of U.S. listings shows that 3.9% of homes that moved from for-sale to pending moved back to for-sale again, nearly double the rate in 2015.
January 11







