Real estate

Home sellers realized a 17% average gain in price in March, the highest average gain since December 2007, according to RealtyTrac.

Total mortgage applications increased last week, due to an increase in refinance applications, according to the Mortgage Bankers Association.

Purchases of previously owned U.S. homes rose more than projected in March, indicating resilience in demand heading into the spring selling season.

Bucking their rent-not-own reputation, millennials are looking forward to buying a home, but many have grossly underestimated just how much they'll need for that all-important down payment.

New-home construction in the U.S. slumped more than projected in March, reflecting a broad-based retreat that showed the industry lost momentum heading into the busiest time of year.

Confidence among U.S. homebuilders was little changed in April, indicating the housing market lacked momentum as the spring selling season got under way.

M&T Bank in Buffalo, N.Y., for the first time was able to report a full-quarter impact from its acquisition of Hudson City Bancorp, which took about three-and-a-half years to complete because of regulatory challenges.

While soaring real estate prices and ludicrous rents have ceased being news in places called Pacific Heights or Park Slope, the dual tsunamis of gentrification that submerged both coasts are moving inland.

The tax benefits of homeownership, which generations of U.S. residents have counted on, have been elusive for typical buyers since mortgage rates started tumbling in 2008.

Purchase mortgage activity, which normally picks up in March and April, is getting an extra boost from an improving economy, the Mortgage Bankers Association reported.

Wells Fargo & Co. said first-quarter profit fell 5.9% as the firm set aside more money for soured energy loans and expenses increased.

An Altisource Residential Corp. affiliate is taking management's side in the real estate investment trust’s fight with activist investors.

As the pressure builds for mortgage lenders to offer digital — specifically mobile — tools, innovators in the space are encouraging the industry to keep the customer as the focus in designing new offerings.

First-lien mortgage originations totaled $1.82 trillion in 2015, a 43% increase from the previous year, according to Equifax.

Homebuyers in hot housing markets from San Francisco to Brooklyn have grown accustomed to bidding wars, waived home inspections and rapid-fire offers.

JPMorgan Chase, drawing from its experience in the Motor City, has created a $125 million program designed to help community development financial institutions make bigger investments in impoverished neighborhoods.

Home prices rose in February in both yearly and monthly comparisons, according to CoreLogic.

JPMorgan Chase is funding a $125 million, five-year program that will provide affordable housing in communities that are at risk of gentrification.

Ruth Paloma Rivera just bought her first home, battling her way through the paperwork obstacle course that is the post-crisis American banking system.

While the percentage of properties with negative equity decreased during 2015, the lowest-priced homes continued to struggle to regain value, according to Black Knight Financial Services.