Housing markets

As a result of the high-pressure sales tactics, consumers could lose their homes to foreclosure or bankruptcy, the Center for Responsible Lending said.

A pick-up in home prices during spring buying season pushed the share of equity-rich households higher across the country, according to Attom.

The index of contract signings from the National Association of Realtors increased 4.8% to 74.3 in June, reflecting increases in all four major regions, the group said Wednesday.

Both purchase and refinance applications dropped, with borrowers potentially holding out for lower mortgage rates later this year, according to the Mortgage Bankers Association.

Higher interest rates over the spring applied some downward pressure on prices, which still managed to grow by over 4% in the first five months of the year, according to the S&P CoreLogic Case-Shiller Index.

In the top city, 27.43% of mortgages were offered to Gen Xers.

The credit scoring agency will provide an education curriculum to a leading minority trade group, aimed at helping mortgage professionals learn more about financial wellness and help their potential clients attain homeownership.

Moderating price growth and higher wages are leading to affordability relief, according to the Mortgage Bankers Association.

Government data reports from June, though, point to an inauspicious start for new construction in the current quarter.

Rent growth will see a decrease of 2.7% and the vacancy rate will grow to 6%, Freddie Mac predicts.

Sales of new U.S. homes unexpectedly declined for a second month in June as the mix of stubbornly high mortgage rates and prices deterred prospective buyers. 

While the number of refinances saw a small uptick last week, purchase lending languished as housing costs keep buyers sidelined, the Mortgage Bankers Association said.

A run-up in mortgage rates and a constrained resale market has enabled builders to capitalize on the fractured U.S. housing landscape.

Nearly 56,000 home-purchase agreements were voided in June with the underlying cause likely affordability, a Redfin report claims.

Institutional investors have an opportunity to "do well while doing good" while advancing a flagship public/private partnership model writes the Chief Growth Officer of Rocktop.

Contract closings decreased 5.4% from May to a 3.89 million annualized rate, data released Tuesday from the National Association of Realtors show.

The new law, which went into effect on July 19, also has provisions that deal with heirs property, an issue that clouds ownership.

Hugh Frater was one of four appointed to the Bipartisan Policy Center board, along with former Philadelphia Mayor Michael Nutter, a co-chair of its Housing Council.

Year-over-year consumer dollars for home remodeling projects should drop 0.5% by 2Q25, after a 3% decline for the trailing 12 months, said the Joint Center for Housing Studies of Harvard University.

The number of properties sold over the past year was the fewest since 2009, the National Association of Realtors said.