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Despite rising mortgage rates and a dismal start to the fall, homebuilders in the Twin Cities are picking up the pace.

While the average down payment percentage of purchase price stayed mostly flat, the average dollar amount dropped 10% from the previous quarter, according to LendingTree.

Thousands of homeowners in San Francisco, Los Angeles and Chicago are headed out of town.

There was a 1.3% uptick in mortgage application defects in September from the previous month, with states affected by Hurricane Florence showing preliminary spikes in activity following the storm, according to First American.

Fannie Mae has priced more securities that support a transition away from the London interbank offered rate.

Average new-home prices increased in four major Texas markets in September, with prices edging up 0.7% to $357,364 in the Houston area, according to a new report by HomesUSA.com.

Sonoma County, Calif., home sales plunged last month to the lowest level for September in 11 years, the clearest sign yet of a housing market slowdown.

Mortgage industry hiring and new job appointments for the week ending Oct. 26.

Rising interest rates and the continued slowdown in mortgage originations prompted Ellie Mae to cut its revenue forecast for the full year by at least $18 million.

The Money Source is the latest mortgage company partnering with Ellie Mae to streamline workflows between lenders and correspondent investors through Encompass Investor Connect.