Mortgage lender Angel Oak Home Loans is opening multiple branches across North Carolina, in Charlotte, Cary, Raleigh and Wilmington. The Atlanta-based company says it is expanding here because the N.C. housing market is experiencing rapid growth in sales and construction. ...

Tagged with: mortgages

Economists see steady growth but remain mixed on their outlook for the health of different segments of the U.S. economy. Investments by businesses and government, as well as international trade activity, will grow at a faster rate than previously forecast, ...

Tagged with: economic growth housing mortgages

Slowly, American homeowners are resurfacing above water as their homes appreciate in value. In its U.S. Home Equity and Underwater Report, RealtyTrac reported that negative home equity numbers in the first quarter of 2014 were at their lowest levels since ...

Tagged with: mortgages RealtyTrac

As of Sept. 1, 10.7 million residential homeowners in the U.S. are deeply underwater on their mortgages and another 8.3 million homeowners are just about staying afloat. According to a report released on Wednesday by RealtyTrac, an Irvine, Calif.-based real estate analytics firm, the 10.7 million homeowners who are deeply underwater to begin this month – meaning they owe 25 percent or more on their mortgage than what their home is worth – is down from the 11.3 million deeply underwater homeowners reported in May.

Tagged with: Housing market mortgages RealtyTrac