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Mortgage payments make up the biggest chunk of U.S. homeowners’ income since 2010. The average monthly mortgage payment made up 15.8% of buyers’ income in the fourth quarter of last year, according to real estate website Zillow, the biggest share of homeowner income...

Distressed Homes Drag Down The Neighborhood Home Prices Homeowners don’t like to see abandoned houses on their block. Zombie foreclosures—vacated homes that have yet to complete the foreclosure process—can be more than an eyesore. They may also attract crime and lower...

Fairly or not, the generation of millennials has a reputation as footloose and fancy-free. Or, to put it less kindly, millennials are slow to launch—slower to get married, buy a house, and have kids than the young people of previous generations. So you’d think they’d...

The Federal Reserve will likely need to raise interest rates at an upcoming meeting, Fed Chair Janet Yellen said on Tuesday, although she flagged considerable uncertainty over economic policy under the Trump administration. Yellen said delaying rate increases could...

The Iron Horse had brass fixtures in his house. And galvanized steel wiring. He also had clapboard siding, parquet floors and a screened-in porch. Lou Gehrig, the Yankee's iconic first baseman, bought the home in New Rochelle, N.Y., in December 1927, just two months...

As businesses evolve in the digital era, it’s affecting their needs when it comes to physical space in commercial properties. Broker-owners of commercial firms should take note of three trends Transwestern recently highlighted in its first quarter Insights report...

The surge in home values is good news for homeowners looking to tap the equity in their homes to pay down debt or make big purchases, but consumer advocates worry that it may be setting the stage for a spike in loan defaults. Consumers have plenty of reasons to tap...

The Tennessee Housing Development Agency is offering $15,000 in down payment assistance to help people who want to purchase a house in certain zip codes. Couple Ryne Iseminger and Paige Martin recently got engaged and are now talking about purchasing their first home....

Mortgage rates have been wavering in a tight range for the past month, but a slight decrease last week helped put some energy back into the mortgage market. Total mortgage application volume rose 2.3 percent on a seasonally adjusted basis for the week from the...