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Fannie Mae has made three selling guide changes aimed at helping the growing number of borrowers with student debt qualify for home loans, and may begin testing similar proposals related to this goal.
April 25 -
Homes sales in Southwest Florida heated up in March, rising 8.6% over the year as the real estate market sailed into the end of the peak-selling season.
April 24 -
Home sale prices in the greater Hartford area rose in March, but sales didn't make any gains compared with the same month last year.
April 21 -
Mortgage rates dropped below 4% for the first time since last November, according to Freddie Mac.
April 20 -
American Financial Network has agreed to pay $5,000 to an unnamed person of Hispanic origin to settle a Fair Housing Act claim.
April 20 -
Mortgage bankers' first-quarter earnings should be down from the fourth quarter in tandem with the reduction in origination volume.
April 19 -
Mortgage application volume decreased 1.8% from the previous week driven by lower purchase activity, according to the Mortgage Bankers Association.
April 19 -
Home sales in Brooklyn jumped the most in seven years while the supply of listings hovered near a record low, pushing buyers toward bidding wars in the New York borough.
April 17 -
Home values are increasing, but just not at the pace property owners believe they are.
April 13 -
Love 'em or hate 'em, the mortgage business is full of jargony abbreviations. Test your mortgage knowledge on these key industry terms.
April 13 -
Per-loan profits for nonbank lenders increased over 13% in 2016 from the previous year, driven by higher loan balances and increased revenue.
April 13 -
Mortgage rates have been on a steady decline since the March 15 Federal Open Market Committee meeting, hitting a new low for 2017, according to Freddie Mac.
April 13 -
Mortgage applications increased 1.5% from one week earlier even though refinancing activity continues to shrink, according to the Mortgage Bankers Association.
April 12 -
Springtime in the Charlotte region is motivating more area homeowners to put their properties on the market, according to the Charlotte Regional Realtor Association.
April 11 -
Residential property values will see appreciation of 3.5% over the next 12 months, but interest rate increases could put a damper on price growth in several markets.
April 10 -
Large banks will gain the advantage in offering online mortgages because of their greater financial resources, pricing capabilities and cross-selling ability, Fitch Ratings said.
April 6 -
Increased access to jumbo loan products brought mortgage credit availability to its highest level since the bust.
April 6 -
The average weekly rate for a 30-year fixed-rate mortgage dropped to 4.1% from 4.14% despite the release of information about further tapering of the Federal Reserve's mortgage bond holdings.
April 6 -
Mortgage applications decreased 1.6% from one week earlier as refinancing activity continues to shrink, according to the Mortgage Bankers Association.
April 5 -
Late payments on securitized commercial mortgages rose again in March, led by industrial and retail property loans.
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