More than 7.4 million borrowers were still “seriously” underwater on their mortgages at the end of June, according to RealtyTrac.
For the second week in a row, mortgage activity barely budged, despite a small drop in interest rates.
Volatility in Chinese markets may help U.S. real estate—with Texas a market that’s seeing major benefits.
The median price of a home sold in Dallas County in June hit $208,000, up 15 percent from a year ago.
Loan volume is now expected to rise to $801 billion in 2015, an upward revision from the $730 billion bankers had forecast.
Call it groundhog week. Mortgage application volume barely moved at all, according to the MBA, although volume is better than a year ago.
REITs increasingly own data centers that facilitate the hot new area in tech: cloud services.
Once considered toxic during the housing crash, interest-only mortgages are back, but these are not the loans of yesteryear.
Homebuilders claim there is good demand, but they also complain being handcuffed by a lack of skilled labor.
Active home listings in Phoenix dropped 7 percent in May. On June 1, there were 21 percent fewer listings than a year earlier.