Fri, 27 Jan 2012 10:34:29 EST
New home sales had their worst year on record in 2011, with the estimate of 302,000 single-family homes the lowest reported annual total since the Census Bureau started tracking the data in 1963.
read more >>>Thu, 26 Jan 2012 13:46:13 EST
Mortgage rates headed upward this week, ending a three-week stretch of all-time lows for 30-year fixed-rate loans.
read more >>>Thu, 26 Jan 2012 10:55:11 EST
A settlement that could produce up to $25 billion in mortgage relief for homeowners is in doubt after it was rejected by the California attorney general, who said the proposed deal doesn’t go far enough.
read more >>>Wed, 25 Jan 2012 13:59:43 EST
A program to help homeowners save $3,000 a year by clearing away obstacles to refinancing was proposed by President Obama in last night’s State of the Union address. What isn’t clear is how that plan might work.
read more >>>Tue, 24 Jan 2012 20:05:47 EST
People who paid the least for their homes are most satisfied with home ownership, while those who buy very expensive homes are the most disgruntled, or so it would seem.
read more >>>Tue, 24 Jan 2012 13:52:41 EST
Writing down the principal on underwater mortgages, a move advocated as a way to stabilize the housing market, would cost Fannie Mae and Freddie Mac nearly $100 billion, according to an analysis by the Federal Housing Finance Agency (FHFA).
read more >>>Fri, 20 Jan 2012 12:43:35 EST
Existing home sales ended the year on a positive note, posting a 5 percent seasonally adjusted gain in December over the previous month’s tally.
read more >>>Thu, 19 Jan 2012 17:07:30 EST
Single-family home construction rose again in December, with both construction starts and building permits increasing for the fourth consecutive month.
read more >>>Thu, 19 Jan 2012 12:30:05 EST
The housing market will begin to rebound in 2012, as part of a broader economic recovery, the financial and business analytics firm CoreLogic is predicting.
read more >>>Wed, 18 Jan 2012 10:50:03 EST
Homeowners rushed to take advantage of falling interest rates last weeks, as applications to refinance a mortgage reached their highest level in six months.
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