Technology

Michigan builders are expecting an 8% increase this year in new home construction permits, good news for the industry but still far below pre-recession levels of activity.

As the New Jersey Supreme Court considers whether to intervene in the Christie administration's regulation of affordable housing, the case has brought into focus a debate over the need for such housing among low- and moderate-income residents.

When the financial crisis obliterated South Florida's housing market, the number of foreclosures in Miami skyrocketed.

Once defined by the size of its foreclosure offerings, the Myrtle Beach, S.C., area real estate market now outperforms both state and national real estate markets in the current rate of foreclosures and the percentage point drop in foreclosures over the past year.

Mortgage professional hiring and new job appointments for the week ending Feb. 6.

New disclosure rules from the Consumer Financial Protection Bureau don't go into effect until this summer, but lenders are already worried about compliance and fearing it may make the closing process far more difficult.

Lending standards loosened slightly in January, according to the Mortgage Bankers Association.

One of the first housing-related items on the budget is continued support for industry regulation, in general, and the CFPB, in particular.

RealtyTrac says that nearly 84% of all homes in Horry County, S.C., could qualify for one or more of seven down payment assistance programs that will help homebuyers in households with up to a $76,020 annual income to buy a home worth as much as $271,050.

Homeowners who refinanced their mortgages last year should have some extra coin in their pockets this year: $5 billion worth of saved interest in the first 12 months.