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The bank "temporarily" paused home equity line of credit lending in April 2020, over concerns regarding the economic impact of the Covid-19 pandemic.
August 26 -
While still higher than the norm, the reduction in this spread is good news when it comes to mortgage rates for potential homebuyers as well as current owners.
August 26 -
Contract signings on new single-family homes ticked down to a 652,000 annualized rate, with the strongest demand in the West, according to a government report issued Monday.
August 25 -
A Redfin survey found that no matter what age demographic, owners are in a better situation to make their payments compared to renters.
August 25 -
While the overall delinquency rate improved this summer, FHA-backed mortgage borrowers continued to exhibit concerning levels of payment stress in July.
August 25 -
Bank of Glen Burnie, which is seeking to recover from a stretch when its assets declined, hopes that its deal for a residential lender can help boost loan production.
August 22 -
Home-purchase contracts in the US were canceled at a record rate for July as jittery buyers got cold feet.
August 22 -
US mortgage rates dropped last week by the most since February, enticing homeowners to step up refinancing.
August 20 -
New residential construction increased 5.2% last month to an annualized rate of 1.43 million homes, according to government figures released Tuesday.
August 19 -
Home Depot Inc. sales returned to growth in the second quarter as shoppers invested in smaller projects, such as lighting and gardening.
August 19 -
Borrowers affected by the blazes are also reeling from homeowners insurance woes, contractor shortages and inflation making rebuilding difficult.
August 19 -
Among the nation's 50 largest metropolitan areas, 25 had annual price increases in July, while the others recorded price declines, Zillow found.
August 18 -
Even with direct costs of import taxes excluded, prices for residential construction goods and services increased by the most in two years, NAHB said.
August 15 -
The real estate company said it started the search for a new CEO mid-year following Carrie Wheeler's notice to the board she was looking to leave.
August 15 -
Real estate investor sentiment bounced back from two quarters of decline, but lingering fears around tariffs, interest rates still weigh on many buyers' minds
August 14 -
Between rising home costs and the end of mortgage relief programs, many homeowners are struggling to stay above water, especially in the South and West.
August 14 -
While private mortgage insurance still has a larger share of business than the Federal Housing Administration, the gap will continue to narrow through 2027.
August 13 -
Gen Z and Millennial homeowners also face unexpected expenses after closing, underscoring need for more education on the part of mortgage professionals.
August 13 -
Approximately 60% of economists surveyed by Wolters Kluwer believe the Federal Open Market Committee will act at its next meeting with a 25 basis point cut.
August 13 -
New insurance written at the six private mortgage insurers increased by only 2% year-over-year, a sign of the sluggish home sales market at the low end.
August 12























