Mortgage applications

Home construction starts rose less than forecast in May, suggesting builders were slow to resume work even as states across the country began to reopen.

Purchase mortgage application volume was at its most in over a decade as consumer confidence continued to improve in the aftermath of the coronavirus shutdown, according to the Mortgage Bankers Association.

During a seven-day period earlier this month, there were 1,740 new home listings and 270 listings coming back on the market, and 2,065 pending sales, according to the Greater Metropolitan Association of Realtors.

Mortgage applications increased 9.3% from one week earlier, fueled by low mortgage rates and the release of pent-up demand, according to the Mortgage Bankers Association.

Southern California housing markets are rebounding off what arguably was the worst April in the history books.

Purchase mortgage application volume continued its upswing as consumers acted on record low rates, but high unemployment and low inventory could hold home buying activity back in the future, the Mortgage Bankers Association said.

Stuck day and night in their homes, a surprising number of Americans are deciding the pandemic is a great time to upgrade.

Mortgage rates fell this week to the lowest level ever recorded by Freddie Mac, even as it appears the relationship to the benchmark 10-year Treasury yield has stabilized.

Mortgage applications increased 2.7% from one week earlier, as purchase volume is now outpacing the prior year's activity, according to the Mortgage Bankers Association.

Mortgage rates declined this past week, further continuing to help attract previously reluctant buyers back into the purchase market, according to Freddie Mac.