housing market

What to Expect of the Housing Market This Fall

The U.S. housing market has been sending mixed signals this whole year. The first few months saw a cold freeze, while the spring and summer saw activity picking up. So what could one expect from the housing market this fall?

HSBC Settles Faulty Mortgage Lawsuit with FHFA for $550 Million

HSBC, the famous British banking giant, announced Friday that it has settled a faulty mortgage lawsuit with the U.S. Federal Housing Finance Agency (FHFA) for $550 million after it was found guilty of selling shoddy home loans to Fannie Mae and Freddie Mac.

US Mortgage Rates Hold Steady at Record Lows

U.S. mortgage rates remained unchanged this week, holding steady at the record lows it reached last week, according to Freddie Mac's weekly survey.

Immigrants Tackled Housing Crisis Better: Fannie Mae Study

A study conducted by Fannie Mae, the government-backed lending giant, found that immigrant Americans tackled the housing crisis better than native-born Americans.

Americans More Cautious About Housing Market – Fannie Mae Survey

American home buyers as well as sellers are now cautious about the housing market, according to the results of a latest Fannie Mae National Housing Survey.

US Pending Home Sales Unexpectedly Fall in June

Pending home sales in the U.S unexpectedly took a hit in June, falling 1.1 percent to 102.7 from May's 103.8, according to the National Association of Realtors (NAR) Pending Home sales Index.

UK housing market gathers pace in March

British house prices unexpectedly picked up speed in March and sales reached a six-year high, a survey showed on Thursday, suggesting the market is still firmly on the rise, after recent releases indicated a slight loss in momentum.

After hard winter, U.S. housing industry sees signs of pickup

As much of the United States thaws out from a particularly frigid winter, signs are also pointing to a warmer national housing market.

Housing Recovery Fueled by Big Wall Street Buyers

February saw house prices soar 10.2%, the biggest monthly jump since March 2006. February saw house prices soar 10. 2%, the biggest monthly jump since March 2006.

Home Builders Shares Skyrocket as Housing Market Bounces Back

As the supply of existing homes continues to shrink, home builders are barely keeping up with the skyrocketing demand in the housing market. New orders keep piling up.

Whirlpool Stock Up Following Housing Market Improvements

Whirlpool stock has more than doubled since last June and on Friday the S&P raised its credit rating on the appliance-maker to "BBB" citing improvements in the housing market and overall economy.

San Francisco Housing Authority to Run Out of Cash by May: Reports

The San Francisco Housing Authority, which is responsible for providing homes for 41,500 low-income residents, is projected to run out of cash in two months and have a deficit of $6.4 million by the end of its fiscal year in September, according to reports.

Housing Market Recovery: What's Different This Time?

Housing market recovery is more than an optimistic dream now; it’s a reality with tangible components. Existing home sales increased for the 20th consecutive month and existing home prices have beaten last year levels for the 12th consecutive month, as well.