Federal banking agencies have announced a rule that raises the floor for home sales requiring an appraisal from $250,000 to $400,000. So reports Financial Regulation News.

The rate of unemployment in America has fallen to 3.5%, a 50-year low, according to U.S. government figures. So reports MarketWatch.

Homeowners have piled up record sums of potential cash amid climbing home prices and cautious borrowing. So reports CNBC.