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Builder M/I Homes set third-quarter records in four areas and recorded consistent levels of mortgages held for sale in its most recent earnings results.
October 24 -
An increase in refinance activity in the period after Columbus Day drove mortgage applications 4.9% higher from one week earlier, according to the Mortgage Bankers Association.
October 24 -
A typical homebuyer has already lost over 6% of purchasing power because of rising interest rates since the start of the year, a study by Redfin found.
October 24 -
Southern California home sales fell in September by the biggest rate since the depths of the Great Recession, the latest housing report by the California Association of Realtors shows.
October 24 -
Despite an overall weak mortgage originations market, Flagstar Bancorp's third-quarter earnings grew 20%, due in large part to its ongoing efforts to diversify operations.
October 23 -
With home values nearly doubling income growth in the last 20 years, it's now taking homebuyers 7.2 years to put together a down payment, according to Zillow.
October 23 -
The number of central Ohio homes for sale in September broke a 91-month streak of year-over-year inventory declines, according to the Columbus Realtors trade group.
October 23 -
Home sales aren't just slumping big in metro Denver, they are dropping across much of Colorado and in what were some of the hottest markets in the country.
October 23 -
High-rise living, once a rarity in Southern California, is gaining new favor as reviving urban centers such as downtown L.A. and Hollywood attract thousands of new residents in search of neighborhoods with a big-city feel.
October 22 -
Declining home sales and high mortgage rates led to a year-over-year increase in housing stock in September, according to Redfin.
October 22 -
Lennar's mortgage banking unit agreed to settle False Claims Act allegations for $13.2 million, a smaller amount than other lenders paid to the government prior to the end of fiscal year 2017.
October 22 -
Bucking a national trend, sales of single-family homes soared by double digits in Hillsborough, Pinellas and Hernando counties in September.
October 22 -
Dallas-Fort Worth was the only major Texas market that saw a decline in third quarter home sales.
October 19 -
Sales of previously owned homes eased in September to the weakest pace in almost three years, a sign rising prices and mortgage costs are keeping potential buyers on the sidelines, National Association of Realtors data showed.
October 19 -
As mortgage rates recently hit their highest point in seven years, closed refinances fell back to their low point of 2018, according to Ellie Mae.
October 19 -
Rising mortgage interest rates not only will continue to constrain banks' once-robust revenue from this business, they will also affect existing borrower credit quality, a report from Moody's said.
October 19 -
The extended boom in residential real estate sales in metro Detroit may be peaking if newly released September sales numbers are any indication, though experts say it remains a seller's market.
October 19 -
Despite mortgage rates at a seven-year high and rising home prices and low inventory that are keeping consumers from buying homes, rental prices are declining in many markets.
October 18 -
Property values have grown enough for households to establish equity and make a profit, but homeowners continue staying put, causing sales to underperform their potential.
October 18 -
Increasing pessimism about housing is driving Fannie Mae's estimates for originations this year down a little further.
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