Real estate

Interest rates may climb to 3% on 10-year Treasuries by next year as deficits and inflation rise under a Donald Trump presidency and that would hurt the housing market, said Jeffrey Gundlach, chief investment officer of DoubleLine Capital.

Southern National Bancorp of Virginia in McLean has agreed to buy Eastern Virginia Bankshares in Glen Allen.

Millennials are the most optimistic about the state of the U.S. real estate market, while most American express favorable opinions about housing, according to Berkshire Hathaway HomeServices.

The Federal Housing Finance Agency finalized a rule Tuesday that will create a "duty to serve" for Fannie Mae and Freddie Mac to help low- and moderate- income consumers, including encouraging a secondary market for manufactured housing loans.

The national foreclosure inventory decreased by nearly a third in October from a year earlier, CoreLogic reported.

Rising mortgage interest rates affect the volume of refinance and purchase originations, but don't necessarily spell bad news for home prices, explains Fannie Mae Chief Economist Doug Duncan.

Canadian household confidence rose, boosted by improving sentiment about the national housing market, weekly telephone polling shows.

From the rising influence of millennials to shifting trends in home prices and housing inventory, here's a look at the top housing market trends for 2017.

Renasant in Tupelo, Miss., is the latest banking company to get out of loss-share agreements with the Federal Deposit Insurance Corp.

A California bank is planning to add mortgages and home equity lines to its product set.

The amount of equity homeowners hold grew by $726 billion, or 10.8%, in the third quarter of 2016 versus the year before, according to CoreLogic.

U.S. Bancorp in Minneapolis has raised its expectations for its net interest margin in the fourth quarter, citing the recent increase in benchmark rates.

Construction loans are a big source of interest income for community banks but also carry a lot of risk. A few fintech firms say their platforms can reduce the risk and improve the lending process.

Home price increases in the country's largest states fueled price appreciation nationwide in October, according to CoreLogic.

Although he has since walked-back his original pledge to deport 11 million people, if President-elect Donald Trump attempts to fulfill his campaign promise, the damage to the housing industry would be substantial.

PlainsCapital Corp. subsidiary PrimeLending is expanding its closing cost assistance program to all 50 states and the District of Columbia.

NAHREP Consulting Services, a consulting firm that specializes in housing and the Latino market, has created a new program to help lenders looking to ramp up their market efforts in diverse communities.

The multifamily construction boom may finally be coming to an end as leasing of new units has slowed and lenders are becoming more cautious.

While President-elect Donald Trump already faces numerous potential conflicts-of-interest between his businesses and the presidency, his real estate ties and campaign promises raise serious questions about his approach to the housing industry.

Foreclosure starts dropped to the lowest level recorded since January 2005, according to Black Knight Financial Services.