John Maxfield

Freddie Mac reported today that the average rate on a conventional 30-year fixed-rate mortgage increased by a comparatively reasonable eight basis points this week to 4.39%.

If you haven’t been watching closely over the last few months, it’d be easy to miss: A battle of titans is being waged between some of the richest and most prominent investors on Wall Street.

A new report from data analytics firm CoreLogic showed that completed foreclosures fell in June by 20% compared to the same month last year.

Private databases of past banking transgressions are limiting access to the financial system for millions of low-income Americans.

The Mortgage Bankers Association said this morning that its mortgage applications index fell by 1.2% over the past week and is now at its lowest level in more than two years.

Home prices are once again shooting through the roof. Does this mean we're in the early stages of yet another housing bubble? In a word, no.

In a new report, CoreLogic estimates that the number of completed foreclosures fell by 20% in June compared to the same month last year.

Standard & Poor’s reported this morning that its Case-Shiller 20-City home-price index climbed by 12% in May over the same month last year and by 1% over April.

Are higher mortgage rates starting to have a detrimental impact on the housing market? According to data released this morning by the National Association of Realtors, the answer may be yes.

There's a new banking behemoth sitting on top of the world. But what about the United States? Here's a table of the nation's biggest banks according to four metrics.

Being a great investor is about more than analyzing financial statements and stock charts. At its core, it's about habit.

What investors can learn from the downfall of SAC Capital.

Ever wonder why people hate the nation's biggest banks, yet they just keep getting bigger?

After the nation’s largest homebuilder reported earnings for the fiscal third quarter this morning, investors and traders responded by sending its shares down by more than 8%.

Despite higher mortgage rates, the Mortgage Bankers Association raised its forecast for purchase-money mortgage originations for the latter half of the year.

Shares of PulteGroup and other homebuilders are getting pummeled in early trading after the nation’s second largest builder reported earnings that came up dramatically short of the consensus estimate.

Blue-chip stocks are lower today after mixed earnings results from Apple and Caterpillar competed with a report that new-home sales came in above expectations for the month of June.

As the second-quarter earnings season progresses, it’s becoming exceedingly obvious that an obscure accounting rule is taking center stage and, in some cases, entirely wiping out shareholder gains.

The number of mortgage applications continued to drop last week for the fifth consecutive time, led by applications to refinance, which are at a two-year low.

According to the Commerce Department, the number of single-family home sales surged in June to the highest level since May of 2008.