Here are the eight metros with the least affordable housing markets in the country that posted double-digit price gains in the last year.
From an accounting perspective, there are a few different issues that individuals may want to consider when assessing their personal finances.
New York Attorney General Eric Schneiderman said that evidence is mounting showing Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC) and others have failed to comply with the terms of a $25 billion settlement designed to end mortgage servicing abuse, reports Reuters. Schneiderman has said he plans to sue Bank of America and Wells Fargo for [...]
A common assumption states that renting an apartment, a home, or another type of living accommodation is the equivalent of throwing money away...
American Capital Agency is a real estate investment trust that primarily makes investments using mortgage-backed securities on government-sponsored entities. The stock has seen a consistent uptrend over the last several years and is now digesting gains from its rise in price.
Here are some hot stocks seeing market movement today...
While the year-long surge in stock price and the resolution of the Merrill Lynch deal have been positive for the company, numerous issues threaten the bank...
Friday earnings reports of JPMorgan and Wells Fargo showed mortgage business sputtering, leading observers to wonder if banks can drive the lending comeback.
The Dow hits a new record high, real estate euphoria continues, and all the while the euro zone downturn accelerates...
Although there are statistical improvements, they come with a major caveat...
Freddie Mac is requesting another government bailout to keep solvent, asking for $146 million from the U.S. Treasury in order to help make interest payments on government loans the lender used to keep afloat...
The stock's high volume and high volatility have made it the "stock du jour" for high-frequency traders...
Take a look at the reality of the situation...
Household debt in the U.S. declined 0.6% in the third quarter, according to the Federal Reserve Bank of New York, while mortgage balances shrank...
The average rate on the 30-year fixed mortgage fell below 4% last week for only the second time in history...
Will that spark a new wave of buying as we hit the seasonal lows for housing?
Federal Reserve officials have lowered their outlook for U.S. economic growth in 2012 at a meeting of the FOMC this week, forecasting that unemployment will average between 8.5% and 8.7% in the final three months of next year...
Announcing no new monetary policies today, Federal Reserve Chairman Ben Bernanke instead focuses on giving a progress report, offering a moderately brighter economic outlook, but flagging risks to growth that might require further easing down the line...
Foreclosures fell 34% on a year-over-year basis in the third quarter, but were up slightly from the second, a sign that foreclosure activity could be picking up...
Default notices sent to delinquent U.S. homeowners climbed 33% in August from the previous month as lenders began to speed up the foreclosure process after almost a year of delays...
U.S. mortgage rates have fallen to their lowest level in at least four decades, with the average rate for a 30-year fixed loan dropping to just 4.12% this week, while the average 15-year rate fell to 3.33%...
Bank of America, Citigroup, JPMorgan, and Barclays have all been named in suits filed today by the Federal Housing Finance Agency over residential mortgage-backed securities...
While overall sales are down, one part of the housing market is thriving, and could signal a turnaround...
Both declining home prices and low interest rates are making buying more affordable than ever in cities like Las Vegas, Detroit, Phoenix, and Sacramento...
Delinquencies on commercial mortgages bundled and sold as bonds rose 51 basis points in July, the largest increase in more than twelve months...
One very effective way to clear the excess inventory...
How will things change in the mortgage market?
Foreclosure activity not only declined in 19 of the 20 most populated metropolitan areas, but in 178 out of 211 cities with populations of 200,000 or more...
Decreasing commission rates could improve the housing market while increasing the average realtor's annual income...
Five of America's largest lenders may have to fork over a collective $25 billion in settlements as they rush to meet new capital requirements...