Real estate

Average mortgage rates dropped for the seventh time in the last nine weeks following news from the Federal Reserve of a possible near-term rate cut, according to Freddie Mac. The 30-year fixed-rate mortgage fell to its lowest level since November 2016.

An Ohio county would invest an additional $65 million to spur construction of 2,050 affordable housing units over the next decade under recommendations included in a broader economic development plan.

From Seattle to Pittsburgh, here's a look at the 12 best housing markets for homebuyer purchasing power, characterized by a favorable combination of local wages and lower property values and mortgage rates.

Home price appreciation turned the corner into negative territory, with values down for the second straight month, according to Zillow. Before April, property values continued growing for 85 months in a row.

Marin County, Calif., shares the top spot for most expensive places in the nation to rent a home, according to a new study.

Because automated valuation models have not been subjected to a stressed housing market, their increased use holds negatives and positives for residential mortgage-backed securities credit quality, a Moody's report said.

For months, Palm Beach County's tepid housing market seemed unaffected by the combination of a booming job market and rock-bottom mortgage rates.

May was a record-setting month for the housing market both in the city of Austin and Central Texas as a whole, the Austin Board of Realtors said.

The real estate service Zillow has tried to quantify what has long been real estate conventional wisdom: That gay neighborhoods carry a premium over other neighborhoods.

San Bernardino County, land of the most affordable housing in Southern California, bucked a regional trend of slowing home appreciation in May, seeing its year-over-year prices rise 10.5%.