Housing Market

U.S. mortgage applications slip in latest week: MBA


NEW YORK - Applications for U.S. home mortgages fell last week as mortgage rates edged higher, data from an industry group showed on Wednesday.

Detroit property tax bills set to dip

- Detroit homeowners will see a slight dip in their property taxes due by Aug. 31, the mayor's office said on Wednesday, noting the city's plan to recover from bankruptcy already accounts for a drop in the tax collections this year.

6:01pm EST

U.S. housing regulator signals guarantee fee decision this quarter

WASHINGTON - The top U.S. housing regulator on Tuesday said his agency would make a decision by the end of this quarter on fees Fannie Mae and Freddie Mac charge lenders for guaranteeing mortgages.

U.S. new home sales surge in December

WASHINGTON - Sales of new U.S. single-family homes jumped in December, unwinding the prior month's decline, but the overall trend remained consistent with a gradual housing market improvement.

27 Jan 2015

Ocwen calls investor claims baseless

- Mortgage servicer Ocwen Financial Group said on Monday a group of investors had no basis for claiming it failed to live up to its agreements to collect payments on $82 billion worth of home loans.

26 Jan 2015

Higher home sales boost D.R. Horton's revenue

- D.R. Horton Inc , the largest U.S. homebuilder by number of homes sold, reported a higher-than-expected 37 percent jump in quarterly revenue as it delivered more homes.

26 Jan 2015

Senior House Republican says housing finance reform 'huge priority'

WASHINGTON - A top U.S. Republican lawmaker will revisit a plan to reduce government involvement in the country's housing finance system, and expects Senate colleagues to be receptive to potential changes, according to an interview aired on C-SPAN on Sunday.

Politics, U.S., 25 Jan 2015

Better U.S. housing market makes it easier to trade up

NEW YORK - Joe and Debbie Valerio, a couple in their 60s, put their Westport, Connecticut, home of more than 20 years on the market because it was getting too big for them.

Money 23 Jan 2015

Europe-exposed U.S. construction suppliers to trail domestic peers

- U.S. construction materials suppliers that have a sizeable exposure to European housing markets are expected to report slower revenue growth this year than their domestic peers due to cooling housing demand on the continent and a stronger dollar.

23 Jan 2015

U.S. single-family housing starts highest since early 2008

WASHINGTON - Groundbreaking for U.S. single-family homes raced to the highest level in more than 6-1/2 years in December and permits surged, in a hopeful sign for the sluggish housing market recovery.

21 Jan 2015