A wave of refinancing borrowers seeking record low interest rates helped lift mortgage applications 3.8 percent from one week earlier, according to data from the Mortgage Bankers Association for the week ending ...

Existing home sales rose more than forecast in April as the median resale price for all housing types jumped 10.1 percent to $177,400 compared to a year ago, according to the National Association of Realtors. Home ...

A new survey of 54 economists provides a fairly optimistic outlook for the remainder of this year and 2013, with moderate growth in jobs and consumer spending anticipated. Those surveyed raised their average monthly ...

Fixed mortgage rates have hit new lows for three straight weeks, fueling what seems to be a rarity in the post-crisis market – a sustainable refinancing wave. The boom is being bolstered by several factors, including ...

Propelled by a wave of refinancing at record low interest rates, mortgage applications surged 9.2 percent last week from one week earlier, according to data from the Mortgage Bankers Association. The refinance component ...

A national index that measures builders’ confidence in the market for newly built, single-family homes gained five points this month, its strongest reading since May of 2007. The National Association of Home Builders/Wells ...

The nation’s largest mortgage lenders are taking an average of more than 70 days to complete a refinance, up from 45 days a year ago, according to Accenture Credit Services. The prolonged timetable is a result ...

The U.S. Consumer Financial Protection Bureau has outlined a proposal to simplify mortgage points and fees offered to borrowers and bring greater transparency to the loan origination market. One of the proposal’s ...

Deutsche Bank and its lending subsidiary will pay $202 million as part of a settlement with federal authorities over reckless lending and false claims tied to federally insured loans. Deutsche and its Mortgageit ...

Residential mortgage lending remains tight, with some standards limiting or preventing access to loans for low-risk borrowers with good credit, Federal Reserve Chairman Ben Bernanke said today. Residential mortgages ...