Mortgages

Three straight months of declines in new-home construction show homebuilding may weigh on second-quarter growth.

The number of homes sold in Northeast Florida rose last month, and so did the price they sold for.

Homebuilders might be starting to feel some pressures of scarce labor and rising prices as sentiment slipped to a four-month low in June.

An Ames family will finally be able to call themselves homeowners, thanks to Habitat for Humanity of Central Iowa and a $50,000 grant from the Iowa Finance Authority Board of Directors.

The Erie County, N.Y., Legislature unanimously adopted a resolution asking for a state law that would enable local leaders to shorten the foreclosure timetable for bank-owned vacant homes.

Freddie Mac has priced its first credit-risk transfer securities backed in part by tax-exempt loans used to finance affordable multifamily rental properties.

Mortgage rates increased for the first time in over a month, but the increase might be short-lived, according to Freddie Mac.

The Bay Area's super-costly housing market has made it hard — sometimes impossible — for schoolteachers to put down roots and buy homes near their jobs.

New home purchase application activity bounced back in May as sales of these properties increased by 5.6% compared with April.

The move follows mounting criticism that many homeowners using property assessments to finance energy efficiency upgrades can neither understand, nor afford, the terms of deals.

While the courts have affirmed cities’ right to file predatory lending suits, they are also now holding them to a much higher standard in proving that banks knowingly steered minority borrowers into high-cost home loans.

LendingTree has added property valuation data to its My LendingTree site, showing consumers how much equity in their home they can tap.

Federal Reserve officials forged ahead with an interest-rate increase and additional plans to tighten monetary policy despite growing concerns over weak inflation.

Casey Crawford, head of the rapidly growing Movement Mortgage, recently recapitalized First State Bank in Danville, Va., with his own money.

Wintrust Mortgage has committed to funding $40 million in below-market fixed interest-rate loans in the Chicago area through a partnership with Habitat for Humanity.

As housing prices continue their climb toward pre-recession levels, enabling homeowners to regain equity, mortgage foreclosures and delinquency rates in the Bradenton-Sarasota, Fla., region remain on the decline.

Mortgage applications increased 2.8% from one week earlier as refinancings hit their highest level since November, according to the Mortgage Bankers Association.

The average Chicago property tax bill is going up about 10% this year following City Hall and Chicago Public Schools tax hikes to pay for police, fire and teacher pensions.

Houston-area homebuyers snapped up a record number of houses in May and drove the region's median sales price to unprecedented levels.

The gap between what homeowners believe their home is worth and what the actual value widened for the sixth consecutive month in May, according to Quicken Loans.