Conflicting reports on home prices came out today, with one suggesting a long-awaited turnaround while another had prices falling to their lowest level in a decade.
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Existing home sales fell in March, though industry insiders say they remain optimistic about long-term trends in the housing mark.
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Mortgage refinance applications were up sharply last week, including strong demand for new loans through the Home Affordable Refinance Program (HARP).
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U.S. home prices posted their first annual increase in a year and a half in February, posting a 1.1 percent gain according to the monthly RE/MAX National Housing Report.
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Interest rates on fixed-rate mortgages dropped sharply this week, with the lowest mortgage rates on record reported for15-year home loans.
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New rules that would provide consumers with greater protections in dealing with their mortgage servicers were put forward today by the Consumer Financial Protection Bureau (CFPB).
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Americans increasingly expect home prices and rents to increase over the next 12 months, a trend that could push more of them toward home ownership, according to a new survey by Fannie Mae.
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Insurance rates for FHA mortgages are going up, effective Monday.
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Demand for mortgage refinancing rose last week, reversing a trend of six consecutive weekly declines on the strength of declining interest rates.
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Mortgage rates retreated this week, with 30-year loans falling back below the 4 percent mark after briefly surging above it for the first time in months.
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