Mortgage rates

Home sellers in Albuquerque experienced some fortune in 2019 with increased home prices and increased sales across multiple categories, according to the Greater Albuquerque Association of Realtors.

IBM called for rules aimed at eliminating bias in artificial intelligence to address concerns which range from identifying faces in security-camera footage to making determinations about mortgage rates.

The rate of home sales reached a 33-month peak in December, swinging the pendulum of supply and demand, and pushing value appreciation to a 19-month high, according to Redfin.

Mortgage loan officer compensation remained level year-over-year as an unexpected surge in originations surprised employers expecting it to be a down year, an LBA Ware report said.

Groundbreakings on new homes surged in December to a 13-year high, giving the housing market momentum heading into the new year amid low mortgage rates, solid job growth and optimistic buyers and builders.

Homebuilder sentiment posted the highest back-to-back readings since 1999, as developers saw a surge in prospective buyers and a bump in the sales outlook.

Mortgage rates for the most part were stable this past week as the markets looked warily at economic and geopolitical events, according to Freddie Mac.

With home price appreciation decelerating, the top end of the marketplace appears to be taking the biggest hit, according to Zillow.

Mortgage application activity increased 30.2% from one week earlier as purchases were at their highest level in over a decade along with substantial growth in refinancings, according to the Mortgage Bankers Association.

More than half of Columbus homebuyers are millennials, according to a new study from the mortgage lead generation company LendingTree.