Reuters

Homebuilder Sentiment Highest in 7 Years in June" alt="Homebuilder Sentiment Highest in 7 Years in June" />

By Leah Schnurr NEW YORK, June 17 -- The majority of U.S. homebuilders view conditions in the industry as favorable for the first time since the start of the housing crisis seven years ago, with an industry report showing confidence in the sector surged in June. At the same time, a separate report on Monday showed ... Continue Reading »

Rising Home Prices Keep Lifting Underwater Mortgages, Report Says" alt="Rising Home Prices Keep Lifting Underwater Mortgages, Report Says" />

More homeowners got out from underwater on their mortgages in the first quarter as a recovery in housing lifted prices, a report from CoreLogic showed on Wednesday. There were 9.7 million properties underwater -- whose owners owed more on the mortgage than the homes were worth -- during the quarter, down from 10.5 million ... Continue Reading »

Fast Growth of Mortgage-Service Companies Stirs Concern for Consumers" alt="Fast Growth of Mortgage-Service Companies Stirs Concern for Consumers" />

When Nationstar Mortgage Holdings Inc. tried to buy the rights to collect payments on $122 billion of mortgage loans earlier this year, housing finance giants Fannie Mae and Freddie Mac were not happy. Nationstar had just won the rights to collect payments on a separate $215 billion mortgage portfolio, and Fannie and ... Continue Reading »

Mortgage Applications Tumble Again as Rates Keep Climbing" alt="Mortgage Applications Tumble Again as Rates Keep Climbing" />

Interest rates on U.S. mortgages continued to surge last week, rising above 4 percent for the first time in a year and driving down demand from homeowners to refinance, data from an industry group showed on Wednesday. Fixed 30-year mortgage rates climbed 17 basis points to average 4.07 percent in the week ended May 31, the ... Continue Reading »

Where Micro-Apartments Loom as Next Big Thing in Renting" alt="Where Micro-Apartments Loom as Next Big Thing in Renting" />

SEATTLE -- Aaron McConnell doesn't mind sharing a kitchen with seven neighbors. He's fine in living quarters with just enough room for a twin bed, a corner desk and little else. Closets? Forget about it -- he stores his clothing and other possessions on shelves and hooks. McConnell's small-scale home life is part of a ... Continue Reading »