Homeowner vacancy rate climbs
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The share of homes owned but empty edged back up in the third quarter toward a record set earlier this year, the Census Bureau said on Friday, another sign of weakness in the housing sector.
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Applications for home mortgages jumped to their highest level in nearly four years as low interest rates led more homeowners to seek refinancing, according to data from an industry group on Wednesday.
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Housing construction in August surged to its highest level in five months, a dose of encouraging news for the economy's expansion.
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NEW YORK -- Mortgage rates have jumped this week, propelled higher by news of strengthening in the economy. Rates on 30-year fixed-rate mortgages are averaging 5.82 percent in the new survey from mortgage company Freddie Mac.
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Mortgage rates are nearing a five-year high, raising the cost of home ownership for buyers by hundreds or thousands of dollars a year at a time when real estate markets are struggling with tepid demand and a surplus of houses for sale.
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U.S. housing starts jumped a larger-than-expected 6.4 percent in October to the busiest pace since December as buyers took advantage of low mortgage rates, a government report showed on Wednesday.
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The rate of delinquencies and foreclosures rose to 4.7 percent from July through September.
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Mrtgage applications rose slightly last week as a jump in refinancing demand overshadowed a drop in demand for loans to buy houses, an industry group said on Wednesday.
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As mortgage defaults rise, more houses are being put up for auction -- and more people are seeing a chance to make big bucks. But there are risks
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Mortgage foreclosures in the United States jumped to a record in the first half as rising interest rates and falling home prices battered homeowners.
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NEW YORK, December 30  - The National Association of Realtors reported yesterday that the sales of existing homes in the US had risen to an all-time monthly high in November, surpassing expectations.
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Mortgage applications rose slightly  last week as a jump in refinancing demand overshadowed a drop  in demand for loans to buy houses, an industry group said on  Wednesday.
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The number of U.S. workers applying for jobless benefits rose a higher-than-expected 34,000 to a seasonally adjusted 357,000, according to a government report on Thursday.
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The number of homes on the market is big, and likely to get much bigger.
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WASHINGTON -- The number of homeowners receiving foreclosure notices hit a record high in the spring, driven up by problems with subprime mortgages.
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The pace of existing home sales unexpectedly rose in October to a 6.24 million-unit annual rate as a record drop in prices tempted buyers, the National Association of Realtors said on Tuesday.
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New applications for U.S. home  mortgages increased last week, as purchase activity rose amid  lower mortgage rates, an industry group said on Wednesday.