Fitch Ratings released a report projecting another 7.8 percent drop in U.S. home prices before the market reaches sustainability, according to the rating agency's fourth quarter sustainable home price (SHP) report. This is a decrease from last quarter's p...
While the U.S. housing market appears to be on the road to recovery, it will be a rather patchy one, with some regions seeing home prices rise as high as 5 percent and others falling flat, according to a report released from the Demand Institute, which i...
According to numbers released by DataQuick, last month's home sales numbers in Southern California experienced a modest climb from last year. Median home sales prices in Southland rose year-over-year in April for the first time in 16 months. The median pr...
Wells Fargo & Co. is taking its NeighborhoodLIFT program to Florida in June to help stabilize neighborhoods affected by the foreclosure crisis. Read Full Entry
Gateway Mortgage Group is expanding its operations with a new branch in Omaha, Nebraska.
The new location will be staffed by eight loan officers, including Kent Geschwender, a former branch manager of MetLife Home Loans. The Omaha branch will be th...
Just when it seemed like they could not fall any further, fixed-rate mortgages continued to drop, breaking record-low numbers once again for the week ending May 17, according to Freddie Mac's weekly mortgage market survey. The 30-year fixed-rate mortgage ...
First time claims were unchanged at 370,000 for the week ended May 12 after the number of initial claims filed for the previous week was revised upward, the Labor Department reported Thursday. Economists had expected initial claims would decrease to 365,0...