Housing

Mortgage Delinquencies Remain at 10-Year Low

The share of home mortgage loan payments that are 30 days or more past due fell from 5.5% in July 2016 to 4.6% in July 2017. The foreclosure inventory rate ...
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It Takes More Than 2 Workweeks to Pay for Mortgage in LA

How long does it take to work to pay the monthly mortgage in Los Angeles? About 112 hours, or about two and a half weeks, the longest period of any ...
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Mortgage Loan Rates Remain at Recent Highs, Applications Decline

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 2.1% in the group's seasonally adjusted composite index for the week ending ...
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Wildfires in 2 Northern California Metros Risk Homes Valued $65 Billion

Wildfires that struck suddenly Sunday night have claimed more than 10 lives and more than 1,500 homes in the northern California counties of Sonoma and Napa, two of the country's ...
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Mortgage Delinquencies Remain Near 10-Year Low

The share of home mortgage loan payments that are 30 days or more past due fell from 5.3% in July 2016 to 4.6% in July 2017. The foreclosure inventory rate ...
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10 House-Hunting Mistakes to Avoid

Once you decide that it's time to buy a house, the first thing you might want to do is to hit the open houses in the area where you want ...
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Johnny Carson Home Hits Market for $81 Million

Johnny Carson was the king of late night TV. "The Tonight Show Starring Johnny Carson" ran from 1962 to 1992 and made NBC hundreds of millions of dollars. Carson's home ...
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Mortgage Loan Rates Tick Higher as Applications Continue to Slip

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.4% in the group's seasonally adjusted composite index for the week ending ...
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CoreLogic August Home Price Index Jumps Nearly 7%

Home prices rose 6.9% in August compared with the same month a year ago, according to CoreLogic. The research firm had previously forecast a rise of 5%, more in line ...
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5 Ways to Get Rich in Real Estate

One reason people think that it's easy to get rich by buying, selling and renting real estate is that no one is making more of it. Manhattan Island is not ...
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Are Millennials About to Flood Home-Buying Market?

Millennials, now entering their first-home-buying years, will purchase homes in greater numbers than their older peers in Generation X or the baby boom. But it will take millennials longer to ...
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Mortgage Loan Credit Risk Up in Q2

Mortgage loans originated in the second quarter of 2017 were slightly riskier than new loans made in the second quarter of 2016. The data were released Thursday morning by property ...
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Pending Home Sales Fall Sharply in August

The National Association of Realtors (NAR) Wednesday morning released its data on pending sales of existing homes for August. The pending home sales index fell 2.9 points (down 2.6%) to ...
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Mortgage Loan Rates Ease Higher as Applications Dip Slightly

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group's seasonally adjusted composite index for the week ending ...
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New Home Sales Fell in August as For-Sale Inventory Climbed

The U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that sales of new homes in August slipped to a seasonally adjusted annual rate of ...
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