Home prices have fallen by a third since the 2006, creating tremendous bargains for home buyers. Mortgage rates are at rock-bottom lows, making houses more affordable than they have been in decades.

In the Wild West of the ongoing mortgage mess, there’s a new sheriff in town. And he’s not handing "Get Out of Jail Free" cards in return for a $25 billion check.

Foreclosure-related properties, which made up roughly one in five home sales in the third quarter of last year, sold for an average 34 percent less than homes that were not ‘distressed sales,’ new data show.

JPMorgan Chase & Co Chief Executive Jamie Dimon said President Barack Obama's decision to expand investigations into home lending and sales of mortgage securities could stop settlement talks with the states over foreclosure practices.

More and more, homeowners say that mortgages they thought were dead and buried are springing back to life, sometimes haunting them all the way into foreclosure.

Sales of new homes dropped in December for the first time in four months, ending a gloomy 2011 for the housing industry.

The new tech titans are building the tools that influence our daily lives, giving us games like Words With Friends, and the ability to stream our favorite TV shows wherever we are, on whatever gadgets we choose.

Pending sales of existing U.S. homes fell more than expected in December, industry data showed on Wednesday, pointing to a moderation in home sales after recent hefty gains.

President Barack Obama launched  a bid to help more  homeowners get cheaper mortgages, a move that could provide a boost to the struggling economy but is likely to hit stiff opposition from Republicans.

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GOP presidential contender Mitt Romney has been no stranger to high-end real estate, having owned properties in Massachusetts, Utah, New Hampshire and California.

The deal may may help resolve some of the thornier legal issues surrounding the mortgage mess. It will do little to stop the ongoing wave of home foreclosures.

The romanticism and appeal of a bygone era is captured in this Maine home for sale, which is located on Maine's Penobscot Bay.

Falling home prices have sent many would-be buyers to the sidelines. If all goes well, record low interest rates and rising rents may soon prompt some of them to take a second look at buying.