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Jumbo loan product availability continued climbing and reached an all-time high in July, but it wasn't enough to stop overall credit standards from tightening, according to the Mortgage Bankers Association.

Madelyn Antoncic, PhD, an economist, is senior advisor to the United Nations Conference on Trade and Development (UNCTAD) on SDG Reporting and CEO of the Global Algorithmic Institute. She is the former CEO of the SASB Foundation. She has served as a member of the board of directors of S&P Global Ratings and Fin Tech Acquisition Corp III and IV, and on the board of overseers of Weill Cornell Medicine. Formerly, she was the treasurer and vice president of the World Bank and has held a variety of leadership roles with global financial institutions including Goldman Sachs and Lehman Brothers.

Rates for 30-year mortgages are at their lowest since late 2016, sending many previously hesitant homeowners to their brokers.

Vice President of Back-Up Care Delivery and Network,
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Colorado Springs-area homebuyers continue to dig deeper into their pocketbooks, as a historically low supply of properties listed for sale and strong demand send prices soaring.

Gov. Gavin Newsom proposed Wednesday to spend California's share of a national mortgage settlement on legal assistance for struggling homeowners and renters, funds that lawmakers illegally diverted in 2014 to help erase the state's budget deficit.

Mortgage rates tumbled to lows not seen since November 2016 as benchmark 10-year Treasury yields continue to decline due to investors' uncertainty over trade and the economy, according to Freddie Mac.

Halfway through the year, the Flagstaff, Ariz., housing market has hit new highs in the cost of houses sold.

Eben Novy-Williams is a writer with Bloomberg News.