Mortgage rates

Ginnie Mae helped to fund more than $70 billion in loans aimed at helping low- and moderate-income borrowers in July.

About 54% of properties underwent bidding wars in July with some metro areas peaking at 75%, according to Redfin.

Squeezed up by a combination of low supply and high demand, home prices broke records in nearly every major Washington county last month, even as the pandemic's onslaught continued to wreak havoc with other parts of the economy.

Earnings reports out this week beat pessimistic expectations, but strained coronavirus relief negotiations in Congress cloud the outlook for what's ahead.

Gross supply as of the end of June has already reached $1.2 trillion, a torrid pace considering the last decade has averaged $1.3 trillion per annum.

With infections resurging, consumer confidence in the housing market hit a snag in July, but sellers are feeling better about their prospects, according to Fannie Mae.

The rising number of positions appears to reflect an ongoing need to adjust capacity to address rate-driven demand.

Even though revenues beat analysts' estimates, Zillow lost $84 million in the second quarter, with its mortgage business losing $240,000.

Conditions have improved for the first time since November.

Whether mortgage rates continue to decline may depend on Friday’s job numbers.

The delinquent loan inventory more than doubled compared with the prior year.

An industry coalition wants to ensure borrowers who took out certain types of loans to fund their education aren’t locked out of access to historically low mortgage rates.

With over 4 million millennials entering prime home buying age each year through 2023, purchase activity will be driven much higher, according to Ellie Mae.

Rates are forecasted to remain at the current low levels for the rest of 2020, driving steady refinance volume.

Housing prices continued to grow in June, maintaining a streak in monthly increases that began in February 2012. But the trend could be reversed in 2021 with the resurgent effects of the coronavirus, according to CoreLogic.

After a floundering start to the summer home-buying season, record-low mortgage rates helped make July one of the best in several years for homebuilders in the Twin Cities metro.

Wyoming's average home price has risen nearly 10% since early last year, marking the fastest rate of increase in the state's real estate valuations since the third quarter of 2007.

While low interest rates drove up new insurance written, the increased defaults stymied overall performance.

Mortgage rates fell 2 basis points this week, remaining near their historic lows as they have for the past month with the markets roiled by uncertainty, according to Freddie Mac.

But refis bring overall mortgage application fraud risk back to its record low, First American said.