Mortgage rates

Home sales in New Hampshire cratered in May thanks to fewer homes on the market and more caution by sellers during the coronavirus pandemic.

The Federal Reserve pledged to maintain at least the current pace of asset purchases and projected interest rates will remain near zero through 2022, as Chairman Jerome Powell committed the central bank to using all its tools to help the economy recover from the coronavirus.

Mortgage investors can take heart knowing the Federal Reserve considers agency MBS a primary arena through which to conduct monetary policy.

Mortgage applications increased 9.3% from one week earlier, fueled by low mortgage rates and the release of pent-up demand, according to the Mortgage Bankers Association.

Southern California housing markets are rebounding off what arguably was the worst April in the history books.

Sales of single-family homes and condominiums on Oahu tanked in May as owners and buyers elected to practice social distancing.

After bottoming out at a 10-year low in April, consumer sentiment for home buying rebounded in May, according to Fannie Mae.

With the impacts of the coronavirus in full bore, housing market experts predict home prices to fall in 2020.

Nonbank mortgage hiring inched down when overall employment plunged in April. The subsequent recovery in overall jobs suggests the housing-finance industry is still bearing up well despite coronavirus-related strain.

Eager buyers and reluctant sellers pushed Bay Area homes prices higher again in April, fueling quick sales and a robust market despite coronavirus restrictions.

Mortgage rates increased slightly this week as indicators point to an economic revival, including increased home sales activity, according to Freddie Mac.

Metro Denver's housing market bounced back in May, with new listings and pending sales rebounding after stay-at-home orders lifted, according to the Denver Metro Association of Realtors.

Millennial refinance activity hit a new high-water mark behind historically low mortgage rates, up 40 percentage points from the year before, according to Ellie Mae.

With would-be sellers too spooked to list their homes and would-be buyers held up due to social distancing orders, home price appreciation accelerated in April. And it could continue into the summer.

Mortgage investors have yet to enjoy robust returns this year despite the Federal Reserve providing $688 billion of support to the sector since mid-March.

The Federal Reserve's actions should keep interest rates down and bring home sales back in June, according to NerdWallet.

After a blockbuster early spring, the COVID-19 pandemic is hitting home for Twin Cities builders.

An index of contract signings for purchases of previously owned homes slumped to a record low in April as coronavirus lockdowns thwarted prospective buyers.

Mortgage rates fell this week to the lowest level ever recorded by Freddie Mac, even as it appears the relationship to the benchmark 10-year Treasury yield has stabilized.

Home sales in Chattanooga, Tenn., fell nearly 18% last month and the inventory of houses on the market fell by more than 26% as home-bound Chattanoogans were less likely to want to either buy or sell their homes during the worst of the coronavirus shutdowns in April.