Americans increasingly prefer to live near the centers of cities, but fewer can now afford newly built homes in the walkable neighborhoods they desire.
Bank of America and the government have reached an impasse in negotiating a multibillion-dollar settlement related to the bank's mortgage investments.
When interest rates rise dramatically again (and they will), expect to see the out-of-vogue practice of mortgage assumption make a comeback.
Average U.S. rates on fixed mortgages rose slightly this week, reversing a five-week downward trend.
Applications for U.S. home mortgages declined last week as both refinancing and purchase applications decreased, the Mortgage Bankers Association says.
Contracts to buy previously owned homes rose modestly in April, a sign that the U.S. housing market is stabilizing despite higher interest rates.
Applications for U.S. home mortgages fell last week as both purchase and refinancing applications declined, an industry group says.
Sales of new single-family homes rose more than expected in April and the stock of houses on the market hit a 3½ year high.
U.S. home resales rose in April and the supply of properties on the market increased, suggesting the housing market was regaining its footing.
Mortgage servicers are agreeing to ease terms of borrowers' underwater loans, but some are demanding that homeowners promise not to insult them publicly.
The delinquency rate on home mortgages in the United States fell in the first three months of the year to its lowest level in six years, a report shows.
A fast-spreading scheme aims to steal users' Gmail passwords, and it appears to be able to get past most computer security systems.
Average U.S. rates on fixed mortgages this week fell for a second straight week as the spring home-buying season has gotten off to a slow start.
Mortgage finance firms Fannie Mae and Freddie Mac will send the U.S. Treasury dividends totaling $10.2 billion after posting quarterly profits.
Studiously transferring your debt from a mortgage to a line of credit could help you pay off your mortgage in a fraction of the scheduled time.
Applications for U.S. home mortgages climbed last week as interest rates fell, the Mortgage Bankers Association says.
Average U.S. rates on fixed mortgages declined slightly this week as the spring home-buying season has gotten off to a slow start.
Applications for U.S. home mortgages fell to their lowest level since December 2000 as both refinancing and purchase applications declined, an survey shows.