About 7.3 million people who owned a home that went through foreclosure in the housing market collapses could potentially be back in the real estate market within eight years.
D.R. Horton reported better-than-expected first-quarter 2014 results before markets opened Tuesday morning.
The FHFA monthly index is calculated using purchase prices of houses with mortgages that have been sold to or guaranteed by Fannie Mae or Freddie Mac.
The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in December rose more than expected.
Mortgage loan rates have dropped on all types of loans for the third consecutive reporting period and are now at levels equal to mid-2013.
The National Association of Home Builders (NAHB)/Wells Fargo housing market index for January slipped a bit from December and missed expectations.
In October of 2014, cash home sales comprised 35.5% of all home sales, down from in October of 2013 and marking the 22nd consecutive year-over-year monthly decline.
In the month of November, 41,000 U.S. home foreclosures were completed, down 12.6% month over month and down 9.6% from 46,000 in November of 2013, according to research firm CoreLogic.
The Mortgage Bankers Association's most recent report on mortgage applications noted a week-over-week increase of 49.1% in its seasonally adjusted composite index for the week ending January 9.
KB Home reported better-than-expected fourth-quarter 2014 results before markets opened Tuesday morning.
On Thursday in Phoenix, President Obama announced a 0.5% reduction in the amount mortgage holders pay for Federal Housing Administration (FHA) mortgage insurance.
Of nearly 44.6 million mortgaged properties in the United States at the end of the third quarter of 2014, about 5.1 million of the mortgages were underwater.
People who moved from one place in the United States to another last year went to Oregon more than any other state.
The Mortgage Bankers Association's most recent report on mortgage applications noted a decrease in the seasonally adjusted composite index for the two-week period ending January 2.
Home prices in the United States rose for the 33rd consecutive month in November, but the increase continued to moderate.