Home Mortgage

The housing recession isn't over yet

The worst of the housing market recession may not be over quite yet and could soon bleed into the broader U.S. economy, according to Fannie Mae analysts.

Manhattan rents reach another record high

The median rent in Manhattan rose 1.6% to $4,241 last month, notching yet another record. Median rents are up more than 8% compared to a year ago, according to a new report.