Daily Dose

Mortgage rates have been hovering near historic lows for the past several months, which seems to have had a positive effect on new home sales. But have the low rates translated to an increase in homeownership?

Contrary to some reports in the mortgage industry that customer experience investments are unnecessary and unprofitable, a recent study indicates that investing in the customer experience does pay off for mortgage servicers.

As national indicators moved further into the stable range for housing, Freddie Mac reported the most substantial gains occurred in southern markets.

Legal expenses stemming from the Fisher cases cut into Ocwen's second quarter earnings.

While saving for a down payment remains a significant obstacle for millennials who hope to achieve homeownership, a recent survey indicates that a majority of them ARE saving.

While one economist noted that the tone of the FOMC's announcement was largely positive, the Committee also said they expect inflation to stay well below the target of 2 percent for the foreseeable future.

A number of factors hampered what was supposed to have been a boost to mortgage activity in June, leaving pending home sales up slightly but essentially flat for the month.

Where were the top single-family housing market for the summer located when ranked according to how housing fundamentals performed in each market?

Low inventory does not seem to be adversely affecting sales. Is it affecting demand?

The two major party presidential candidates have not said much about housing. Lawmakers and industry stakeholders are bringing the issue back to the forefront, however.