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10 housing markets where it's cheaper to own than rent

Tue, 01/16/2018 - 11:10
Here's a look at the top 10 markets where it's more affordable to buy a home than rent a three-bedroom property.

Breweries, food trucks, DJs: Banks get creative in wooing millennials

Tue, 01/16/2018 - 11:10
NewDominion Bank and M&F Bank are among the institutions willing to leave the industry's comfort zone to reach younger prospects.

San Jose projected to be nation's hottest housing market in 2018

Tue, 01/16/2018 - 11:10
A new report from Zillow projects that the San Jose metropolitan area will be the hottest housing market in the nation in 2018, with home values rising dramatically.

Despite loss, legal battle against CFPB's Mulvaney isn't over yet

Tue, 01/16/2018 - 11:10
After a significant setback this week in the legal bid to unseat Mick Mulvaney as acting director of the Consumer Financial Protection Bureau, consumer groups are pinning their hopes on a second case they hope will provide a different result.

Pittsburgh's median rents decreased in 2017

Tue, 01/16/2018 - 08:04
Pittsburgh rents on the listing site Abodo dropped an average of 1.7% a month in 2017, the fourth-largest decrease in the nation.

Employment boosted credit scores to 10-year high, Experian finds

Tue, 01/16/2018 - 08:04
The average VantageScore last year was higher than it has been since 2007 due to improved hiring and despite stagnant wages that aren't keeping pace with rising debt levels.

Investors' bond sales lead to higher mortgage rates

Tue, 01/16/2018 - 08:04
Mortgage rates jumped across the board as investors sold some of their Treasury bond holdings, which led to higher yields, according to Freddie Mac.

New home loan app volume down as storm-driven purchases slow

Tue, 01/16/2018 - 08:04
Loan applications for newly constructed homes slowed on a month-to-month basis in December as the storm-driven spike in volume ended.

Judge deals another blow to bid to unseat CFPB's Mulvaney

Tue, 01/16/2018 - 08:04
U.S. District Judge Timothy J. Kelly on Wednesday said CFPB Deputy Director Leandra English's case was unlikely to succeed on the merits and did not demonstrate irreparable harm.

Housing finance reform could weaken rural lending, groups warn

Mon, 01/15/2018 - 16:45
Housing finance reform proposals could make it challenging for community banks and credit unions to serve rural mortgage markets, according to a report issued Wednesday by Brookings and the Center for Responsible Lending.

10 cities where housing is still a buyer's market

Fri, 01/12/2018 - 15:03
Here's a look at 10 housing markets where limited competition, lower prices and plentiful inventory give buyers the upper hand in home sales transactions.

Is CFPB’s data freeze about security or a political ploy?

Fri, 01/12/2018 - 15:03
The CFPB's recent freeze on collecting any personally identifiable information from companies it supervises is slowing investigations and could ultimately cripple the agency's enforcement function — and that may be the point.

Franklin County, Ohio, foreclosures fall to record low

Fri, 01/12/2018 - 15:03
Franklin County, Ohio, foreclosures fell to the lowest level on record last year, according to figures released by the county clerk's office.

Baltimore-area home sale prices continue to climb

Fri, 01/12/2018 - 11:59
Baltimore-area home sale prices continued to rise in December, even as the number of sales declined from the same time last year.

Mortgage interest deduction cap should help first time buyers

Fri, 01/12/2018 - 11:59
The new cap on the mortgage interest deduction should help the first time home buyer market by forcing sellers to lower prices, at least in the near term.

CMG launches affinity marketing portal for crowdfunded down payments

Fri, 01/12/2018 - 08:55
CMG Financial is offering a new affinity marketing portal on its crowdfunding platform for down payments and positioning it as a way for employers to retain millennials.

Refinance activity leads to increase in mortgage applications

Fri, 01/12/2018 - 08:55
Mortgage application volume started the year on the upswing because of higher refinance activity, even with a slight increase in rates.

With housing markets staying strong, Washington state set to boom

Fri, 01/12/2018 - 08:55
Residential market values will continue their overall upward trends during the next 12 months, with the state of Washington set to explode.

Zillow ranks Raleigh the second-hottest housing market in 2018

Fri, 01/12/2018 - 08:55
This is the year to invest in the Raleigh, N.C., housing market, according to Zillow's Hottest Housing Markets for 2018.

Warren, Warner propose 'massive' fines for breaches at credit bureaus

Fri, 01/12/2018 - 08:55
The two senators are set to introduce a bill that would force such firms to pay $100 per customer whose personal information was compromised.