Rapid recovery in home prices in some regions will draw previously reluctant sellers to the market, according to economist Sam Khater.
Given the end of the GSEs, a new paper insists on the need for a government backstop in the event of catastrophic failure of the mortgage market.
Bank stocks rose Tuesday amid expectations that the Federal Reserve will not hike rates anytime soon.
Rates will have to rise as high as 7% before home purchases become unaffordable, economists at housing giant Freddie Mac say.
Bank of America Merrill Lynch highlights tools that could be useful for tracking the effect of higher rates on housing.
Foreclosure activity rose in May over the previous month, but it is no longer the threat it once was.
Home prices should continue to rise so long as rates do not rise too quickly, according to economist Michelle Meyer.
Atlantic Equities downgraded Wells Fargo and US Bancorp, two of the most profitable U.S. banks, citing declining mortgage revenue.
The number of underwater borrowers is declining though millions remain vulnerable to falling home prices.
Borrowers should be prepared for higher interest rates but if the economy improves, anobody is going to care," the CEO said.