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U.S. Senate panel approves bill to bolster FHA finances

WASHINGTON (Reuters) - A U.S. Senate panel on Wednesday approved a bipartisan bill aimed at bolstering the finances of the Federal Housing Administration, which may need to turn to taxpayers for a bailout later this year. Full story

Hot and cold housing markets

   Ken Rosen, Rosen Consulting Group, takes a look at the housing market. He says a lot of markets have still not recovered including Florida with a large foreclosure market. Paul Hickey, Bespoke Investment Group, weighs in.

Home prices rise in May, though pace slows

NEW YORK (Reuters) - U.S. home prices rose in May, suggesting the housing market recovery pushed ahead during the spring buying season, though the pace of gains slowed in what analysts said could be a sign of things to come. Full story

Homeownership slips to 17-1/2-year low

WASHINGTON (Reuters) - Homeownership in the United States hit a 17-1/2-year low in the second quarter as Americans continue to shift toward renting, underscoring the lingering effects of the recession on the housing market. Full story

Single-family home prices, sales climb in RI

New housing figures show the median single-family home price rose 10 percent in Rhode Island to nearly $210,000 in the second quarter. Full story

U.S. regulators moving cautiously on mortgage reforms

WASHINGTON (Reuters) - U.S. bank regulators, wary of upsetting the fragile housing market, are moving cautiously in fashioning dozens of new rules to prevent reckless underwriting and other mortgage market abuses. Full story

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Articles

Weyerhaeuser shares down pricing concerns

Are Mortgage Rates Finally Starting to Hit Housing?

Local Housing Market Still Struggling

New York: Problems plague the nation’s largest public housing authority

Weyerhaeuser 2Q net doubles; outlook hurts shares

Standard Pacific's 2Q net income, revenue soar

M/I Homes' net income surges in 2Q

Why Reading Between the Lines Will Help Banks Decipher Housing Opportunities

U.S. dollar regains its mojo, NZD also in demand

News Summary: US new-home sales highest in 5 years

Video

  theGrio and CNBC Market Update: 07/29/13

Sales of previously owned homes fell more than 1% in June. However, prices rose 5.5%. New home sales rose to their highest level in five years, gaining more than 8% and new claims for jobless benefits rose by 7,000 to 343,000, but still below a key threshold. In the week ahead we expect jobs, consum

  Study: Consumers pay extra in 'gray' credit card charges

USA Today contributor Regina Lewis breaks down the week’s "Three Big Money Headlines." She discusses the housing market, sneaky credit charges, and car insurance.

  'Mansioning' making a comeback

Despite a tanking housing market, CNBC's Robert Frank reports why the Hamptons heating up.

  Rising mortgage rates a problem for housing economy

Analysts point to rapidly rising mortgage rates as a sign of an improving economy, but rates are causing problems for home buyers. CNBC’s Diana Olick reports.

  Is Hollywood suffering from 'Blockbuster fatigue'?

Regina Lewis breaks down the week’s "3 Big Money Headlines" with MSNBC’s Alex Witt including the housing market, Hollywood, and Barbie.

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Related Photos

 Realtor April Bolin shows a home to Amy and Eddie Deon during an upswing in the housing market, in Riverside in this file photo
Realtor April Bolin shows a home to Amy and Eddie Deon during an upswing in the housing market, in Riverside in this file photo

Realtor April Bolin shows a home to Amy and Eddie Deon during an upswing in the housing market, in Riverside, California in this file photo from May 24, 2012. Contracts to purchase previously owned U.S. homes fell in June, retreating from a more than six-year high touched the prior month, suggest

Single family home is shown for sale in Encinitas
Single family home is shown for sale in Encinitas

A single family home is shown for sale in Encinitas, California in this May 22, 2013 file photo. U.S. home resales unexpectedly fell in June, after two straight months of hefty increases, but a surge in prices to a five year high suggested the housing market recovery remained on course. REUTERS/Mik

Home sales
Home sales

A "Sold" sign is posted outside a home under construction in Carmel, Ind., Tuesday, April 9, 2013. Real estate agents say pent-up demand and low interest rates are leading to a resurgence in the housing market, with home sales up 20.5 percent statewide through the first two years of the month.

Nissan Leaf and GT-R are seen at Darcars Nissan in Rockville Maryland
Nissan Leaf and GT-R are seen at Darcars Nissan in Rockville Maryland

A Nissan Leaf electric car and a high-performance GT-R are seen at Darcars Nissan in Rockville, Maryland June 3, 2013. Strong pickup truck sales, spurred by an improving housing market, boosted May U.S. auto sales after a disappointing April, early results from major automakers showed on Monday, w