Washington policy makers and housing industry insiders hope a new tax credit for first-time home buyers will get the moribund housing market moving again. Read more…

Banks say they want to help troubled homeowners, but they are delaying deals that could save everyone - including the lenders themselves - a lot of time and money. Read more…

The number of homes for sale was on the rise again in April, according to figures from Zip Realty, a California-based real estate broker. Read more…

It may be the best time to buy a house in more than four years. According to a new report, home prices have dropped so quickly and so far that valuations - the difference between what a home should cost and its actual price - are the lowest they've been since 2004. Read more…

Foreclosure gets Congress' attention Tuesday when the Senate decides whether to end debate on a bill aimed at helping homeowners avoid losing their homes. Read more…

For months, we've fretted about the Armageddon that will hit when subprime adjustable rate mortgages start resetting to much higher interest rates. Read more…

The economic stimulus plan announced Thursday by Congress and the Bush administration includes provisions that specifically address the mortgage crisis. It aims to make getting a mortgage easier and cheaper in high-cost markets, to facilitate refinancing and to prevent foreclosures. Read more…

A new read on foreclosure filings showed a double-digit drop for November, but don't expect the slowdown to last. Read more…

Cleveland's foreclosure crisis is no longer a problem that's just for the poor. Read more…

Senator Hillary Clinton spelled out the details of her subprime bailout plan Wednesday, calling for a 90-day moratorium on foreclosures and a five-year freeze on the interest rates of adjustable rate mortgages (ARMs). Read more…

One government response to the subprime mortgage crisis is up and running and on track to help a significant number of borrowers avoid losing their homes. Read more…

A sweeping solution to the subprime lending crisis is looking at a big sticking point at the end of the mortgage chain. Read more…

Already behind on your mortgage payments? No help there. Read more…

The mortgage meltdown will take a heavy toll on home prices in 2008 with declines expected to average 7 percent across the nation and lost property value of $1.2 trillion, according to the United States Conference of Mayors. Read more…

A hand shoots up in the back of the room. Read more…

Not everyone is happy about mortgage lenders' latest efforts to help troubled borrowers. Read more…

It's an unlikely pairing: the nation's biggest mortgage lender and one of its harshest critics. But with thousands of troubled borrowers facing foreclosure, the two adversaries put aside some of their differences and joined forces. Read more…

Americans will spend less on home renovations in 2007 than in recent years, according to a report from the Joint Center for Housing Studies at Harvard University. Read more…

Housing markets continued to slump across the nation in August as the number of existing homes sold dropped for the 13th straight month, according to the latest report from the National Association of Realtors. Read more…

Over the next few years, more than three-quarters of the nation's housing markets will suffer a decline in home prices. Many will experience double-digit hits in a forecast that has worsened considerably in recent months. Read more…

If home prices fall as forecast, the $23 trillion housing market could lose $3 trillion in value by August 2008, a leading housing economist and former mortgage bank president told lawmakers on Wednesday. Read more…

If Federal Reserve Chairman Ben Bernanke announces a 0.25 percent drop in the Fed fund rate Tuesday afternoon, the impact on housing may be very slight. Read more…

The full impact of the upheaval in financial markets "has yet to play out," a top administration official said Wednesday, while stressing that the effect will be dampened somewhat by solid economic growth. Read more…

President Bush outlined his plan Friday for helping troubled subprime borrowers keep their homes. The initiatives target hundred of thousands of distressed homeowners. Read more…

Home prices increased during the three months ended June 30, albeit only slightly, according to the latest quarterly report from the Office of Federal Housing Enterprise Oversight (OFHEO). Read more…