Mortgages

Downtown San Jose, which has been overshadowed by its Bay Area neighbors, is having a real estate development boom because it qualifies as an opportunity zone

HomeTrust Bancshares in Asheville, N.C., sold a portfolio of residential mortgages as part of a balance sheet restructuring, with plans to sell more.

Metro Atlanta home prices continued their climb in November as sellers continued to hold the advantage in negotiations.

Although the housing market in the Twin Cities metro posted only modest gains during November, house prices rose to a new high.

Mortgage industry hiring and new job appointments for the week ending Dec. 20.

Despite home prices continuing to rise faster than household income, affordability gains inched up due to the low mortgage rate landscape, according to Attom Data Solutions.

The critical defect rate for closed mortgage loans continued its decline in the second quarter, as lenders benefited from increased loan volume and profitability, an Aces Risk Management study found.

Women in the mortgage industry are taking a stand and becoming empowered.

Mortgage rates ended the week unchanged from the previous seven-day period, according to Freddie Mac, although not without some gyrations from the results of the elections in the United Kingdom and U.S-China trade talks.

New York Gov. Andrew Cuomo has signed legislation aimed at getting mortgage companies to take quicker action on vacant properties.

Sales of previously owned homes declined to a five-month low in November, indicating lean inventories are holding back a residential real estate market that's been supported by low mortgage rates and job growth.

Dallas-Fort Worth home sales and construction totals are expected to rise only modestly in 2020, but the expected increases could still be enough to push area home numbers to new highs.

Southern California house prices jumped 7.5% in the 12 months ending in November, the biggest gain in the state, according to the California Association of Realtors.

London bore the brunt of heightened political uncertainty in October, with house prices posting their biggest monthly decline for more than eight years.

With housing projected to grow hand-in-hand with the economy, Fannie Mae boosted its single-family mortgage origination outlook for 2019, 2020 and 2021.

November was another month in the latter part of 2019 where actual existing-home sales outperformed their potential, but that momentum seems unlikely to continue in 2020, First American said.

Finance of America Reverse has launched a revolving credit line product that allows borrowing power to increase over time by allowing 75% of funds to grow for future use.

Canadian home sales picked up in November as a rebound in Toronto and Vancouver offset weakness in Calgary.

Mortgage applications decreased 5% from one week earlier as, absent any rate incentive, activity slowed because of the holiday season, according to the Mortgage Bankers Association.

A property deal for hundreds of apartments near downtown San Jose has cleared the way for a major renovation of the property that will also ensure the preservation of affordable housing for decades to come at the complex.