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As homeownership keeps slipping among young American adults, real estate analysts expect the makeup of first-time homebuyers could look very different over the next 10 years. In a ...

According to the latest figures released Friday from the U.S. Census new home sales, starts, and spending were down in June and for the first half of the year. Spending on private construction in June came in at a seasonally adjusted annual rate of $685.5 billion, 1 percent below the revised May estimate of $692 billion. Residential construction alone was at $356 billion, which is 0.3 percent below the revised May estimate.

In a quarterly survey conducted by Zillow and Pulsenomics, a panel of economists, real estate experts, and market strategists agreed that the median age of first-time homebuyers is likely to keep moving up in the next decade as millennials wait until later in their lives to purchase. Among the more than 100 experts polled, a combined 85 percent said they expect the median first-time homebuyer age to rise at least marginally in the coming years.

Mortgage servicers have made substantial progress over the last year in improving borrowers' customer experience, according to a new survey from J.D. Power. In its yearly survey of ...

CFPB Director Richard Cordray appeared before the House Financial Services Committee this week to address allegations of discrimination and a culture of retaliation at the agency. While Cordray would not discuss any individual discrimination complaints, he said, "We take each of these allegations very seriously and we will continue to work diligently to resolve any issues through all appropriate channels."

Mortgage servicers have made substantial progress over the last year in improving borrowers' customer experience, a new survey released by J.D. Power shows. In its yearly survey of customer satisfaction for primary mortgage servicers, the company found the servicing industry as a whole averages 754 on a 1,000-point scale, up more than 20 points from last year.

Applications for mortgage loans sank last week as a decline in refinances offset a meager pickup in purchase loan activity. The Mortgage Bankers Association’s Weekly Mortgage Applications Survey ...

After fizzling out over the past several quarters, the post-recession refinance boom officially ended in the quarter, according to data from Freddie Mac. The mortgage behemoth released on Tuesday the results of its quarterly refinance analysis for Q2, showing that refinancing fell in the last three months to below 50 percent of total mortgage activity as rising interest rates have stifled demand.

According to an estimate from the Census Bureau, the U.S. homeownership rate was 64.7 percent in the second quarter, a decrease of 0.1 percentage point from the first quarter's previous low and 0.3 percentage points from the same time last year. It was the lowest rate since 1995. Homeownership continued to slide among the millennial age group, who find themselves burdened by high debt, tight credit conditions, and limited job prospects.

Loan risk in the agency mortgage market came down slightly in June, but analysts warn that risk levels are still unacceptably high. According to the American Enterprise Institute’s ...