With mortgage rates hovering near record lows, a growing number of homeowners are racing to refinance -- only to find the process riddled with obstacles.For one, homeowners often have to wait months before they can secure a...
Tightening mortgage credit standards are slowing down the housing recovery, according to two top economists. In a paper released Monday, former White House policy advisor Jim Parrott and Moody's Analytics Chief Economist...
A Fed official said Friday that a small tapering of the government's bond-buying program is possible next month. His comments come after the Federal Reserve confounded investor expectations this week by deciding to leave...
Originations spike as delinquencies dwindle Mortgage originations are up 10% from a year ago, according to data released Thursday by credit reporting and analytics firm Experian. Home purchases also surged in the second...
Mortgage delinquencies are dropping, with even the worst-hit states showing signs of recovery. The mortgage delinquency rate for one- to four-unit residential properties dropped at the end of the second quarter to its lowest...
Rising origination fees are pushing up closing costs, according to new data. Mortgage closing costs have shot up 6% over the last year to an average of $2,402, according to a lender survey by Bankrate.com. Most of the...
House prices have surged in the first quarter of 2013, posting the first double-digit rise since the peak of the housing bubble. The CoreLogic Case-Shiller Index has reported that house prices rose 10.2% in the first quarter...
Homes sales edged down in June, coming off a six-year high in May. The National Association of Realtors Pending Home Sales Index fell slightly in June, declining by 0.4%. The result sees home sales come off a May result that...
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