First-time homebuyers whose home loans are guaranteed by the Federal Housing Administration would benefit from an Obama administration move to lower mortgage insurance premiums.
The number of Americans signing contracts to buy homes rose modestly in November as a strengthening economy helped nudge some would-be homebuyers.
Average U.S. mortgage rates rose slightly this week but the benchmark 30-year low remained very close to the 19-month low hit last week. Mortgage company Freddie Mac said that the nationwide average for a 30-year mortgage edged up to 3.83 percent.
New York financial regulators have reached a settlement with Ocwen Financial Corp. requiring the nation's largest subprime mortgage servicer to reform its practices and provide $150 million to help struggling New York homeowners.
Got $9 million kicking around and want to place a bid on a resort?
Average U.S. long-term mortgage rates fell this week, with the benchmark 30-year loan rate reaching a new low for the year. The rates' historically low levels could be a boon to potential homebuyers.
Around the country, areas with the strongest job markets increasingly have some of the costliest homes. And areas with the most affordable homes lack a solid base of middle class jobs that attract workers.
The dream of home ownership for many is proving frustrating, being deferred or abandoned, even for people with comfortable incomes.
Steve Kroft reports on why our roads, bridges, airports and rail are outdated and need to be fixed.
Average U.S. long-term mortgage rates continued to tick down this week, remaining close to yearlong lows.