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Chicago lags in U.S. housing recovery
Caroline O'Donovan Dec 26, 2012
The latest figures on the U.S. housing market show a turnaround is taking hold. But Chicago is a stubborn outlier on the road to recovery.
U.S. may expand mortgage refinance program
Jeff Horwich Dec 26, 2012
The Wall Street Journal is reporting that the Obama administration is eying new relief for underwater homeowners. Who stands to gain from the program?
What's helping the housing market bounce back?
Tony Cox Dec 7, 2012
Things are looking up in the housing market. People are starting to buy houses again. Mortgage rates are at an all-time low and there's lots of inventory. Or is there?
Groups buy up underwater mortgages, keep families in house
Susie An Nov 23, 2012
The national foreclosure rate increased by more than 3 percent in October compared to the previous month. Some groups across the country are trying to change that by buying underwater mortgages and keeping families in their homes.
What's behind the high fallout rate for mortgage contracts?
David Nogueras Nov 23, 2012
Some analysts believe home buyers' willingness to take out mortgages might be running ahead of banks' willingness to lend to them. But there are likely other factors at play.
Rising delinquencies threaten Federal Housing Administration
Shereen Marisol Meraji Nov 26, 2012
The Federal Housing Administration's annual report is due out this week, and there's concern that the agency, which insures more than a trillion dollars in mortgages, is in big financial trouble.
Costco offers home mortgages
David Weinberg Nov 14, 2012
Costco hopes getting a mortgage through the big box retailer will bring more customers into the store for the things they'll need to furnish those homes.
Will new regulations crimp home loans?
Nancy Marshall-Genzer Oct 25, 2012
Some fear stricter lending and mortgage standards could chill housing market.
Is there a shadow over the good housing starts report?
Shereen Marisol Meraji Oct 19, 2012
The shadow inventory has faded, but some builders say higher costs are looming.
Housing construction hits four year high
Jeff Horwich Oct 17, 2012
New construction on apartments and single family houses reached its highest point in September in more than four years. New mortgage applications for home purchases were also up last week.
