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California housing cost drives out middle class
...Jose natives Halie and Jim Casey assumed that by getting into the housing market they could keep costs under control. They had purchased a small house well suited to the two of them and were......

Trump puts nation on course for higher mortgage rates
In the darkest days of the financial crisis, when the housing market was in free fall and threatening to take the nation's economy with it, the Bush administration was forced to put mortgage......

Jamie Dimon says Libra will never happen, and he wishes he could take JPMorgan private
...pointing to strong capital requirements and the legal authority granted to the FDIC to take over a bank that is collapsing as Lehman Brothers did. He also dismissed the concern voiced by former......

Florida Ranks No. 1 In The U.S. For Mortgage Denial Rates
...reason. The study, which delved into data from more than 10 million mortgage applications nationwide using 2018 data from the federal Home Mortgage Disclosure Act, reflects the disparate rates......

Why Builders Are Upbeat About Dip in Housing Starts
...see positive conditions for housing, and this is reflected in NAHB’s Housing Market Index, which measures builder sentiment,” says Greg Ugalde, NAHB chairman. “However, builders are still being......

Foreclosures Fall to Lowest Level Since 2005
...to decline across the country, which is a good sign that the housing market and the broader economy remain strong—and that the lending excesses that helped bring down the economy during the Great......

Mortgage Rates Leap, But Buyers Shouldn’t Worry
...That’s no reason for home shoppers to get nervous:  Economists largely predict mortgage rates will dip in the weeks ahead . Also, rates are still more than a percentage point lower than a year......

Housing market should be healthy for the rest of 2019: First American
Home sales continued to perform in line with their potential in September and indicators suggest housing will keep flourishing through the fourth quarter, according to First American. The potential......

Fewest quarterly foreclosure filings in 14 years: Attom
While foreclosures and distressed mortgages continue to descend overall, trends are moving in the opposite direction in a handful of states, according to Attom Data Solutions. A total of 143......

Southern California home buying jumps as mortgage rates tumble
The biggest drop in mortgage rates in history has Southern California house hunters making an autumnal rush to buy, with freshly opened escrows up 14% in a year. A year ago, home buying suffered......

Refinance rates move higher for Friday
...Trend Index. Want to see where rates are right now? See local mortgage rates. Average mortgage rates Last week Last updated October 17, 2019. Methodology: The rates you see above are......

Portland area sees home sales bump in September
Portland-area home sales jumped in September compared with a year ago, bringing a jolt to the housing market during the waning months of a slow year. Nearly 2,400 homes sold across......

Mortgage rates higher for Friday
Multiple benchmark mortgage rates climbed higher today. The average rates on 30-year fixed and 15-year fixed mortgages both cruised higher. The average rate on 5/1 adjustable-rate mortgages, or......