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The housing market may seem like it is losing steam lately, but many experts expect a jump in momentum as construction plans get underway. According to the Commerce Department, building permits in the U.S. for new homes skyrocketed last month to the highest level seen...

Home prices spiked in September according to a survey showing that single family home prices in the United States experienced the largest annual gain in nearly eight years. Although home prices may scare off potential homebuyers, experts suggest that the housing...

Previously owned home contracts decreased in October to the surprise of many economists. October was the fifth consecutive month that contracts dropped while borrowing costs increased. According to the National Association of Realtors, pending home sales fell 0.6%...

According to research, approximately 8% of individuals age 62 and above have thought about the possibility of a reverse mortgage while only 2% secured the loan. The survey suggests that many homeowners have had trouble dealing with long-term debt after the...

Freddie Mac's Primary Mortgage Market Survey states that mortgage rates fell this week after 2 weeks of sustained rates. According to the report, the average 30-year fixed-rate mortgage fell to 4.22%, down from last week's average of 4.35%. The Vice President of...

Lowe's, a home improvement retail store, reported a jump in earnings last quarter showing signs that the housing market is still making strides towards recovery. The report showed a 26% increase in earnings, and experts say the rise is due to new home construction and...

According to Freddie Mac, the average 30-year fixed-rate loan has increased to 4.35%, up .19% from last week, and the highest level since mid-September. The average 15-year fixed-rate mortgage also jumped, averaging 3.35%, up .8% from the previous week. Additionally,...

According to the National Association of Home Builders/Wells Fargo Housing Market Index, home-builder confidence has not budged, remaining at a level of 54 this month. November is the 6th month in a row that home builders have agreed that the present conditions in the...

According to new data, declining inventory may be helping to push more buyers to buy, increasing the amount of home sales across the nation. In September, homes listed on Zillow spent an average of 30 days less on the market than in September 2012. Chief Economist at...

30-year fixed-rate mortgage hit the highest levels since September, averaging approximately 4.35%, and have jumped .19% from last week according to Freddie Mac's Primary Mortgage Market Survey. Fixed-rate mortgages overall have increased for the second consecutive...