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Santa Cruz County is among the counties in the nation hardest hit by the tax law change approved in December to limit mortgage interest deductions to the $750,000 in home loans, down from $1 million.
March 14 -
Baltimore area home prices rose 6.5% in February from the same time a year ago, reflecting more closings and less inventory.
March 13 -
Think you know your IRRRL from your LPMI? See if you can ace this quiz of 10 quirky abbreviations from the origination sector of the mortgage industry.
March 13 -
North Texas home sales rose 10% in February from a year earlier, an increase that came even with higher mortgage costs and record home prices.
March 12 -
Crossroads Systems Inc. has relaunched with the acquisition of a community development financial institution focused on the Hispanic mortgage market.
March 9 -
Employment in the nonbank mortgage lender and brokerage sector is falling in the face of rising interest rates and the limited supply of homes for sale.
March 9 -
Connecticut's housing market in January had a split personality, with median single-family home prices increasing by 3.4% even as the number of homes sold fell by 3.7%.
March 9 -
House flipping activity is at an 11-year high, prompting lending for these projects to soar 27%, according to Attom Data Solutions. And with most flippers still using cash, the trend has room to grow.
March 8 -
Home sales in the Las Vegas area slowed in February because of the shrinking supply of properties, according to an industry report.
March 8 -
February lived up to its tradition as a slow month for home sales on Oahu, producing a slight decrease in single-family home transactions, but other parts of Hawaii's largest housing market achieved modest gains.
March 7 -
Mortgage application activity increased slightly from one week earlier even as the rate for the 30-year conforming loan rose to its highest level in four years.
March 7 -
Consumer confidence in the housing market fell in February, with fewer Americans sharing positive thoughts on mortgage rates, home buying and home prices, according to Fannie Mae.
March 7 -
First time home buyers are dealing with the worst of the nationwide housing inventory shortage, due to prices of entry-level houses growing at an even faster pace than other properties types, according to CoreLogic.
March 6 -
New Mexico's housing market started 2018 like it was still 2017 — with higher prices and fewer homes for sale in most of the state's largest counties.
March 6 -
Recent developments in the Federal Housing Administration's Home Equity Conversion Mortgage program are making it easier for lenders to originate reverse mortgages to borrowers who want to buy a new-construction home.
March 6 -
Bay Area home prices rose in January, and sales dropped again — continuing trends in one the nation's least affordable housing markets.
March 5 -
It is important for lenders to understand in what locations and property types their application fraud risk rests as the market share of purchase loans rises.
March 2 -
A gauge of contracts to purchase previously owned homes unexpectedly declined in January to a more than three-year low, reflecting a shortage of inventories and rising mortgage rates.
February 28 -
Despite growth in both mortgage rates and home prices, housing demand kicked off 2018 with its strongest January on record, according to Redfin.
February 28 -
Higher levels of purchase activity even with rising interest rates drove the increase in mortgage applications compared with one week earlier.
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