Mortgage rates

While the new employment numbers bode well for housing and loan performance in the short term, concerns abound regarding how the unemployment rate and furloughs could affect prospects for the business later.

Mortgage rates reached their lowest level this week since Freddie Mac began its Primary Mortgage Market Survey in 1971, but they might not have yet gotten to their floor.

As the country wrestles economic volatility, millennial homeownership demand rises, fueled by historically low mortgage rates.

Home prices rose in April despite record unemployment and widespread shut downs, according to the S&P CoreLogic Case-Shiller Index.

San Diego home prices continued to increase into COVID-19's second month and grew at a quicker pace than other California cities.

Despite a statewide stay-at-home order, massive job losses and an uncertain economic outlook, home prices in the Seattle area zoomed up faster in April than any large metro in the country save Phoenix.

From Southern California to the Great Lakes, here's a look at 12 housing markets with the biggest annual declines in pending sales, according to CoreLogic.

Contract signings to purchase previously owned homes surged in May by the most on record as mortgage rates fell and some states began to reopen from coronavirus lockdowns.

Sales of homes for May were down in Butler County and the Greater Cincinnati area, a trend that was anticipated due to the Ohio stay-at-home order.

But the coronavirus put a hold on the market in April and remains an overhanging cloud for the future.

Mortgage rates were flat this week and remain near all-time lows, according to Freddie Mac. But significant numbers of borrowers remain unable to take advantage of them.

Even as interest rates remained at record-low levels, mortgage application activity for both purchases and refinancings declined compared to one week earlier, according to the Mortgage Bankers Association.

For potential higher-end homebuyers, the pandemic was merely a pause, but for those seeking affordable properties — often people of color — it created yet another barrier.

New-home sales rose more than expected in May, with record-low mortgage rates pulling buyers back into a housing market that froze up during the pandemic.

The roller-coaster effect of national spending, Oregon's unemployment rate and conflicting economic forecasts are reflected in Portland's residential real estate market.

Sales of previously owned homes dropped in May by more than forecast to the lowest level since October 2010 as the coronavirus pandemic sent demand skidding along with the rest of the economy.

Potential sales last month rose compared with April as homes became more affordable due to low mortgage rates.

Mortgage rates fell 8 basis points this week to a new low as the economy remains shaky and there are new flare ups of the coronavirus, according to Freddie Mac.

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.