House prices continue to fall nationwide, but here and there they’ve begun to turn up as Americans return to the housing market. Which 10 metropolitan areas have seen the biggest increase in the past year? The winners, according to the National Association of Realtors (NAR), include a state capital, a furniture-making center, and a resort that was once America’s foreclosure capital. Can you guess who they are?
A global survey of 15-year-olds show the US still has far to go to prepare the next generation to grasp complex financial products such as mortgages. To prevent another crisis like the one in 2008, young Americans need financial literacy.
Spring is the housing market's time of greatest activity, and this year, the story of US real estate varies by location. One common theme: A recovery is well under way, but not yet complete.
Morgan Stanley lawsuit over mortgage securities with the Federal Housing Finance Agency was settled for $1.25 billion, the company said Tuesday. The Morgan Stanley lawsuit was part of a larger one in which the government sued 18 financial firms for selling mortgage securities that turned toxic when the housing market collapsed.
Many economic indicators are doing well. Yet Americans say they lack certainty about the future, perhaps starting with trust in government handling of the economy. The uncertainty gap needs to close.