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Purchase loans made to millennial mortgage borrowers rose month-over-month in February despite interest rates increasing at the start of the year, according to Ellie Mae.

Mortgage application activity decreased 3.3% from one week earlier as purchase and refinance volume fell prior to the start of the home buying season, according to the Mortgage Bankers Association.

Single-family-home prices in metro Denver continued to perform gravity-defying feats of appreciation last month, as sellers as buyers alike raced to join the spring home-selling circus.

Late-payment rates at banks declined in nine out of the 11 consumer loan categories tracked by the American Bankers Association, including credit cards, auto loans and personal loans.

The increase in the delinquency rate for securitized CRE loans for March ended an eight-month streak of declines.

The dominant player in manufactured housing lauded the Trump administration's review of construction standards, but other commenters worry the plan will undermine housing quality.

Home sales in Manhattan plunged by the most since the recession as buyers at all price levels drove hard bargains and were in no rush to close deals.

The new federal budget approved this month boosted tax credits for corporations that help finance low-cost housing but the move is unlikely to help a long-stalled 63-unit affordable housing project with a $5 million funding gap.

Carrington Mortgage Services' decision to offer subprime mortgage loans was a natural progression from its decision four years ago to concentrate on borrowers with credit scores under 640.

Home values grew in all 50 states in February, but their appreciation is expected to slow within the next year, according to CoreLogic.