Lawmakers, industry experts call for principal reduction analysis

According to Fitch Ratings, principal reductions may be the most effective means to repairing the nation's mortgage industry, HousingWire reports.
According to Fitch Ratings, principal reductions may be the most effective means to repairing the nation's mortgage industry, HousingWire reports. [More]


Home loan rates change little, remain near historic lows

While the average rate for shorter-term mortgages rose modestly during the week ending January 19, the long-term mortgage rate average slid down to a new all-time low, Freddie Mac reports.
While the average rate for shorter-term mortgages rose modestly during the week ending January 19, the long-term mortgage rate average slid down to a new all-time low, Freddie Mac reports. [More]


Housing starts decline as builder confidence improves

While data from the Commerce Department shows that housing starts edged lower in December, the National Association of Home Builders notes that despite the decline, builder confidence is improving throughout the country.
While data from the Commerce Department shows that housing starts edged lower in December, the National Association of Home Builders notes that despite the decline, builder confidence is improving throughout the country. [More]


Commercial real estate conditions improving, index finds

The most recent Architecture Billings Index indicates that business conditions in the commercial real estate market are now improving, the American Institute of Architect reports.
The most recent Architecture Billings Index indicates that business conditions in the commercial real estate market are now improving, the American Institute of Architect reports. [More]


Housing due to be key topic this election season

With the presidential election just months away, the nation's housing crisis is expected to be a major issue for candidates.
With the presidential election just months away, the nation's housing crisis is expected to be a major issue for candidates. [More]


Freddie Mac: Quick recovery not likely in 2012

While Freddie Mac acknowledged that the U.S. economy has grown substantially in the last year, it says there are still too many obstacles deterring a speedy recovery nationwide, including the stalled housing and mortgage markets.
While Freddie Mac acknowledged that the U.S. economy has grown substantially in the last year, it says there are still too many obstacles deterring a speedy recovery nationwide, including the stalled housing and mortgage markets. [More]


Fitch: Modest housing recovery expected this year

Based on recent economic and real estate data, Fitch Ratings states the U.S. housing market is poised for a minor recovery in 2012, led by a spike in new home sales and housing starts.
Based on recent economic and real estate data, Fitch Ratings states the U.S. housing market is poised for a minor recovery in 2012, led by a spike in new home sales and housing starts. [More]


Mortgage apps increased, led by surge in refis

The Mortgage Bankers Association indicated in a survey that mortgage application activity recently increased during the week ending January 13.
The Mortgage Bankers Association indicated in a survey that mortgage application activity recently increased during the week ending January 13. [More]


Delinquent mortgage payments cause spike in credit defaults

Mortgage records indicate that missed home loan payments could be a significant factor behind consumer credit defaults, Standard & Poor's reports.
Mortgage records indicate that missed home loan payments could be a significant factor behind consumer credit defaults, Standard & Poor's reports. [More]


Houston housing market improved during 2011

The Houston Association of Realtors has released a report determining that the city's real estate market had a successful year during 2011.
The Houston Association of Realtors has released a report determining that the city's real estate market had a successful year during 2011. [More]