Global investors have less appetite for higher risk exposures, particularly in the U.S., according to the BofA Merrill Lynch Fund Manager Survey for May.

For almost a year now, the financial media has been talking about all the real and imagined 'what-ifs” that can occur when the Federal Reserve Open Market Committee actually begins to move interest rates higher after over 30 years of the (mostly) oppo

The Multifamily Production Index (MPI), released late last month by the National Association of Home Builders, held steady with a reading of 54 for the first quarter of 2015. That was the 13th consecutive quarter with a reading of 50 or above.

Bank of America says it has launched a new web-based tool to guide consumers to down-payment and closing-cost assistance programs available in their region. The Bank of America Down Payment Resource Center is powered by Down Payment Resource, develope

 Pending home sales rose in April for the fourth straight month and reached their highest level in nine years, according to the National Association of Realtors. Led by the Northeast and Midwest, all four major regions saw increases in April.

Sales of million-dollar-plus homes surged in the first three months of 2015, but the luxury market, defined as the priciest 5 percent of properties, grew at their slowest pace in three years, says a report issued by Redfin, a Seattle-based real estate bro