Mortgages


The Latest

Housing and Urban Development Secretary Ben Carson (Credit: Getty Images, iStock)

HUD wants to jumpstart bank lending on low-income homes

Housing and Urban Development Secretary Ben Carson wants to get banks back in the residential mortgage lending game. One...

HUD wants to jumpstart bank lending on low-income homes
Lenders issued the most mortgages in 14 years last quarter (Credit: iStock)

Nonbank lenders could give serious boost to cooling housing market

The sluggish housing market could receive a nice jolt as mortgage rates continue to fall and lenders are originating...

Nonbank lenders could give serious boost to cooling housing market
The number of closed sales fell by more than 14 percent year over year in the third quarter (Credit: iStock)

Low mortgage rates are killing Manhattan’s all-cash buyer

After sales soared last quarter, Manhattan’s residential sales market is crashing back to reality — though low mortgage rates...

Low mortgage rates are killing Manhattan’s all-cash buyer
(Credit: iStock)

Despite housing market slowdown, mortgage lenders just had a great second quarter

The second quarter of the year saw $565 billion worth of mortgage loans as homeowners are increasingly eager to...

Despite housing market slowdown, mortgage lenders just had a great second quarter
The Daily Dirt: The dark cloud hanging over buyers

The Daily Dirt: The dark cloud hanging over buyers

It’s a buyer’s market, but soon it might only be a certain buyer’s market.  Interest rates dropped to a nearly three-year...

The Daily Dirt: The dark cloud hanging over buyers
Trump proposal would make getting a mortgage harder for homeowners deep in debt

Trump proposal would make getting a mortgage harder for homeowners deep in debt

Borrowers who are deep in debt could find it even harder to get home loans under a new Trump...

Trump proposal would make getting a mortgage harder for homeowners deep in debt
Amazon CEO Jeff Bezos and Realogy CEO Ryan Schneider (Credit: Getty Images and iStock)

Everything you need to know about Realogy and Amazon’s TurnKey partnership

UPDATED, July 24, 2019, 8:30 a.m.: Realogy has jumped into bed with Amazon to roll out a new program...

Everything you need to know about Realogy and Amazon’s TurnKey partnership
The trend could reverse as younger people start to enter the real estate market (Credit: iStock)

Almost 40% of homes in the US are
mortgage-free

About 37 percent of households in the U.S. are living without mortgages. The share of homeowners paying off their...

Almost 40% of homes in the US are
mortgage-free
Wells Fargo, JPMorgan Chase and Citigroup each recorded a rise in second quarter profits in their consumer divisions (Credit: iStock)

Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut

Spurred by low interest rates, consumers are taking out more mortgages, bolstering the profits of banks’ consumer divisions. But...

Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut
FHFA director Mark Calabria (Credit: Federal Housing Finance Agency and Getty Images)

Trump official to pressure Congress to privatize Freddie and Fannie

A decade after Fannie Mae and Freddie Mac were put under government control, a Trump administration-appointed regulator is stepping...

Trump official to pressure Congress to privatize Freddie and Fannie
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