The recent numbers from FHFA‘s National Mortgage Database tell a story about the massive amount of home equity American households have — in addition to the fact that most Americans have mortgage rates at 5% or below. These are two of the most significant differences between the current housing market and the run up to the housing bubble crash. The difference in home equity and credit quality then...

U.S. banks earned an estimated $1 trillion in excess interest revenue during the Federal Reserve’s two-and-a-half-year period of elevated interest rates, an analysis of official data by the Financial Times shows. Lenders reportedly benefited from higher yields on deposits held at the Fed while paying relatively low rates to many savers — boosting profit margins across the country’s more than 4,000...

Over two years after the agreement was first announced, the settlement between MLS Property Information Network and the Nosalek commission lawsuit plaintiffs has received final approval. Judge Patti B. Saris, who has overseen the entire approval process for the settlement, granted final approval to the settlement after a hearing on Monday.  Judge Saris of U.S. District Court in Boston granted...

Recent mergers and acquisitions (M&A), regulatory changes and shifting market conditions have mortgage industry experts questioning whether servicers are better positioned than other competitors to capture the next wave of refinances. Data from ICE Mortgage Technology shared with HousingWire offers a deep dive into servicers’ performance at keeping a borrower in their books after a refinance...

A rare two-story penthouse at Epic Residences has just landed on the market for $5.75 million, giving buyers the chance to own one of the largest and most impressive homes in the building. Set high above Downtown Miami, the residence combines more than 4,300 square feet of interior space with an additional 2,000 square feet of private outdoor terraces. The result: sweeping views of Biscayne Bay, the...

Resort-style pools and in-building golf simulators no longer cut it for the wealthiest condo buyers. At the very top of the market, high-net-worth buyers — many of them shopping for second or even third homes — are raising the bar for what they expect from their luxury residences. The latest must-have? Exclusive perks that extend well beyond the building’s walls. From private beach clubs to...

It includes bathroom plumbing, electrical wiring, and kitchen...

If you’re looking for a kitchen that’s stylish, timeless and endlessly adaptable, white, wood and gray is a winning combo. This classic trio creates a neutral backdrop while letting textures and accents shine, delivering a look that’s both sophisticated and welcoming. Check out four...

We asked nearly 50 professionals what home design trends they are seeing in projects right now and are most excited about. Here are five top interior design trends they couldn’t stop talking...

Mortgage Payments Ease in August say the MBA Homebuyer affordability strengthened in August for the fourth consecutive month, as easing mortgage rates and rising incomes helped reduce monthly housing costs, according to new data from the Mortgage Bankers Association (MBA). The trade group's Purchase Applications Payment Index (PAPI) fell 1.2% to 157.5 in August from 159.4 in July, reflecting improved...