Fannie Mae and Freddie Mac are profitable again, paying dividends to the Treasury and nearing completion of paying back their government bailouts.
A measure of U.S. home prices rose only slightly in September from August, a sign that prices are leveling off after big gains earlier this year.
Institutional investors, who turn single-family homes into rentals, accounted for about one in four home sales in Atlanta, Las Vegas, St. Louis and Jacksonville, data from RealtyTrac show.
Mortgage rates hit their lowest levels in four months this week, Freddie Mac said Thursday, as speculation grew that the Federal Reserve will continue its bond-buying stimulus plan through the end of the year.
The standards to get a home loan remain tight, mortgage experts say, but lenders are reducing down payment and FICO score requirements as housing prices recover and as higher interest rates curtail their refinance business.
The FHFA's House Price Index rose 0.3 percent in August with prices now higher for 19 consecutive months, the agency said.
Sales of existing U.S. homes slipped off of a nearly four-year peak in September, dropping 1.9 percent, the National Association of Realtors said Monday.
A summerlong cool-down in the pace of home value appreciation is helping a handful of markets step back from the edge of bubble territory, according to the third quarter Zillow Real Estate Market Reports.
Bank of America was quicker than its big-bank peers in extending help to delinquent borrowers under a massive legal settlement, but lagged behind in helping its customers refinance.
States took at least $1 billion of federal money meant to help homeowners and instead used it to plug budget holes, pay for pet projects or promote economic development.
U.S. home prices climbed 12.4 percent in August from a year ago, fueled by more buyers bidding on a limited supply of houses.
Pending home sales slowed in August, with tight inventory, higher interest rates, rising home prices and continuing restrictive mortgage credit dragging the market, a leading industry source says.
Home prices in 20 of the largest U.S. cities showed increases of 1.8 percent from June, and in most cases gains for at least four months in a row, according to a leading index.
Hispanic purchasing power is exerting a powerful influence on the home improvement market, according to findings from the Outdoor Power Equipment Institute.
The S&P/Case-Shiller Home Price Indices showed increases from June for the 10- and 20-City Composites, with all 20 cities showing monthly gains for at least four months in a row.