Though 40 percent of Americans say they’re struggling to make ends meet, it seems residents of three major metros have their finances pretty well figured out. Find out which cities are best—and worst—at money management.
Read More »Wells Fargo Acquires $51 Billion in MSRs from Seneca
Wells Fargo will take over billions in mortgage servicing rights from Seneca Mortgage Investments, which will stop servicing loans altogether.
Read More »Mortgage Apps Rebound
Mortgage applications have rebounded according to survey data released Wednesday morning. Coming off a 2 percent decrease the week of August 25, applications bounced back—and then some.
Read More »Construction Spending Down—But Not in Residential
Overall construction spending is on a downturn, dropping by about $8 billion in July alone, but there's a silver lining for the housing industry: residential construction is actually up.
Read More »Mortgage Apps Dip Down
Over the last week, mortgage applications have dipped more than 2 percent, a new survey shows. But just how much have they dropped—and will it continue?
Read More »House-buying Power Up—But Not for Long
Real house prices—which account for “house-buying power” and affordability—dropped 1.3 percent in June, but are still up nearly 10 percent since this time last year. What will the rest of the year look like for the market?
Read More »Then, Now, and Later
According to Fed Chair Janet Yellen, today's financial system is a safer one thanks, in large part, to the Great Recession—as well as the reforms that followed it. Read on to see Yellen's full remarks.
Read More »Top 5 States for Annual Home Price Appreciation
Home prices are up across the board—over the month, over the quarter, and over the year, according to new data from the FHFA. Find out what states and metros experienced the biggest jump now.
Read More »Strong Economic Growth on the Horizon
According to a new report from Fannie Mae, the U.S. is still poised for strong economic growth this year, despite lower-than-projected numbers during the first two quarters. How much will it grow exactly? Read on to find out.
Read More »The Real Impact of Rising Rates
A new paper reveals the six-pronged impact of today’s rising mortgage rates. What does it spell for the market of tomorrow?
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