As tumbling oil prices drain over a trillion dollars of income from oil-rich exporters in the Middle East, the result could be one of the biggest transfers of wealth in history.
Following a four-point uptick last month, U.S. builder confidence in the market for newly built single-family homes fell one point in December to a level of 57.
Freddie Mac's latest Primary Mortgage Market Survey (PMMS) is reporting average fixed mortgage rates moved slightly up from the last week.
The Market Composite Index, a measure of mortgage loan application volume, increased 7.3 percent on a seasonally adjusted basis.
According to CoreLogic, cash sales made up 34.8 percent of total home sales in September 2014, down from 37.2 percent in September 2013.
According to recent Freddie Mac consumer survey data, the majority of U.S. renters who are struggling financially plan to remain renters for the next three years.
Following years of retrenchment among prospective first-time home buyers, first-timers will return to the market in 2015.
For the month of October 2014 there were 41,000 completed U.S. foreclosures nationally, down from 55,000 in October 2013.
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $897 on each loan they originated in the third quarter of 2014.
At the county-level, several U.S. housing markets are starting to show early warning signs of a possible home price bubble