Mortgages

With mortgage rates falling to their lowest level in over a year, refinance volume drove this week's increase in application activity, according to the Mortgage Bankers Association.

Tampa Bay home sellers take note — the steady price gains of the past few years might be coming to an end.

Central Ohio home prices reached a record high in April, as eager buyers continue to compete for homes the moment a for-sale sign is posted.

The Federal Housing Administration and Ginnie Mae will use their lagging digital mortgage positions to their advantage as they put an emphasis on building their technology.

Prepayments tied to repeated VA loan refinancing activity have had an adverse effect on Ginnie’s mortgage securities that persists despite countermeasures. The government bond issuer is making new plans to address the impact.

Secretary of Housing and Urban Development Ben Carson appeared not to recognize a commonly known real estate term during a congressional hearing on Tuesday.

While regulation and nonbank competition are spooking some banks, others believe low funding costs and the right relationships can help them succeed.

The distressed mortgage market continues to dry up, with delinquencies shriveling to a record low rate and foreclosure filings dropping annually for 10 consecutive months.

Sales of previously owned homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties.

The era of plentiful refinance volume is over for the foreseeable future, because mortgage rates remained in a very narrow band for the past decade, said Mortgage Bankers Association Chief Economist Mike Fratantoni.

Even as he blocked a major legislative push to spur more apartment construction around public transit and in wealthy suburbs, state Sen. Anthony Portantino acknowledged the need to address a shortage of housing in California.

Single-family home prices in Orange, Los Angeles and San Diego counties changed course, climbing up in April after falling year-over-year in March.

Mark Calabria said he wants Fannie Mae and Freddie Mac to take preliminary steps by Jan. 1 toward exiting conservatorship.

One of the hardest financial parts of buying a new home is coming up with the initial down payment on the mortgage loan.

The rise in home prices in North Texas has pushed home foreclosure rates to some of the lowest levels ever recorded.

San Jose is slowly chipping away at Mayor Sam Liccardo's goal of building 10,000 affordable homes by 2022.

Home prices in metro New Orleans were up at the start of 2019, according to the latest data from the National Association of Realtors.

With prospects for government-sponsored enterprise reform improving, players in the private residential mortgage-backed securities market are starting to think about how they could better compete against the GSEs while awaiting change.

Generation X is in its prime earning years, but the financial profiles of those renting are distinctly different from those who own a house, according to LendingTree.

The shift to nonbank lenders will put the breaks on non-qualified mortgage and home equity line of credit origination growth.