Origination

Mortgage industry hiring and new job appointments for the week ending Nov. 29.

Loan limits for most mortgages Fannie Mae and Freddie Mac buy will exceed $500,000 for the first time ever next year, and the maximum for most high-cost areas will be $765,000.

While affordability remains a challenge with the continued strain on housing supply, purchasing power took a big leap in September thanks to a rise in income and descending interest rates, according to First American Financial Corp.

It's been two years since Taunton, Mass., City Solicitor Jason Buffington announced that a real turnaround was on the horizon for the forlorn and nearly vacant Whittenton Mills complex.

Mortgage rates resumed their upward movement this week, but it's not putting a damper on real estate sales activity, noted Freddie Mac.

Contract signings for previously sold U.S. homes fell by the most since July while remaining healthy on an annual basis.

From product-specific variations in refinancing rates to pockets of depreciation in an otherwise healthy market, here are some details in housing-related data that highlight important underlying trends in the mortgage business.

Mortgage application activity rose 1.5% compared with one week earlier as interest rates remained below 4%, according to the Mortgage Bankers Association.

The median home price in Santa Fe County dipped 4.2% from $405,000 to $388,000 from September to October, according to the New Mexico Association of Realtors.

The number of October home sales in Maine remained nearly flat compared with last year, but prices continued to climb.