While most of the nation’s largest banks and investment banking firms have struggled to exceed last year's Q1 profits in the first quarter this year, one bank finally managed to pull it off.
Read More »Advocates Defend Castro, But. . .
One housing advocacy group has defended the HUD Secretary against recent criticisms that he is not qualified to be vice president of the United States. At the same time, however, the group said HUD could stand to make some changes.
Read More »10 States Where Prices are Heating Up
Home prices have been consistently rising for the last few years and although the pace has slowed, they are still ticking upward in these 10 housing markets.
Read More »The Week Ahead: Wishful Thinking for New Home Sales
The mortgage industry is now anticipating where new single-family home sales will fall, following existing-home sales major feat against supply challenges last week.
Read More »Housing to Stay the Course Despite Straying Economy
While the outlook for overall economic growth is darkening, the housing market is expected to keep up its momentum in 2016, according to Freddie Mac’s April 2016 Economic ...
Read More »Wells Fargo Extends Outreach in Underserved Communities
Wells Fargo unveiled new corporate social responsibility goals that are intended to address global social, economic, and environmental challenges, including a multibillion-dollar mortgage pledge to minority and low-income communities.
Read More »Castro Calls Out Trump for ‘Prejudice’
The HUD Secretary criticized the likely Republican presidential nominee for suggesting policy that Castro called "laughable" and "wrong-headed."
Read More »Market Conditions Trouble Buyers
First-time homebuyers are faced with two major challenges in the housing market that are keeping them from purchasing a home: scarce inventory and higher home prices.
Read More »Mortgage Roundup: Rates Hover Near 3-Year Lows, Applications Rise
Interest rates for home loans remained near 3-year lows this week, while coincidentally, mortgage applications experienced a jump. Are consumers finally taking advantage of historically low rates?
Read More »Home Price Gains Slow to a Crawl
Although home prices continued their upward trek all over the country, they are doing so at a much slower pace, according to data on the recent U.S. House Price Index (HPI) released by the Federal Housing Finance Agency (FHFA).
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