Affordability has a strong impact on homeownership. Not surprisingly, four of five states with the lowest homeownership rates in the US are characterized by markets with high prices.
An oversupply of student housing in college towns is prompting landlords nationwide to cut rents -- some by up to 6 percent -- as they worry about rising vacancies, The Wall Street Journal reports.
Fannie Mae recently released its rankings of top mortgage servicers, based on metrics such as customer service, performance outcomes, and foreclosure prevention efforts.
Homes on golf courses have traditionally been sought after, but buyers are no longer flocking to these homes as they once were.
Proposed revisions to the qualified residential mortgage rule announced today will help millions of people buy homes and strengthen the mortgage market, says NAR President Gary Thomas.