Mortgage rates

Atlanta home prices have been rising for seven years — and lower mortgage rates could fuel a new run-up.

While many lenders lately managed their business expecting reduced volume, now they get to capitalize on extremely low mortgage rates. But today's benevolent conditions will not always be with the industry.

Expectations of lower mortgage rates are the only thing keeping up consumer confidence in the housing market, according to Fannie Mae's Home Purchase Sentiment Index.

For the third time in five months, the San Francisco bank made a downward revision Monday to its guidance on net interest income. An executive cited the impact of lower interest rates.

Nonbank mortgage companies added 4,600 employees to their payrolls in July and may add more to address continuing rate-driven increases in loan volume.

It was the most robust August in at least five years for Twin Cities homebuilders.

Barely more than a tenth of homebuyers found themselves in a bidding war in August, as consumers shied away with a possible recession looming on the horizon, according to Redfin.

Mortgage rates fell to lows not seen October 2016, affected by concerns over manufacturing and the ongoing trade war with China, according to Freddie Mac.

Mortgage applications fell 3.1% from one week earlier even with another decrease in rates, according to the Mortgage Bankers Association.

In Denmark, where banks have been grappling with negative interest rates longer than in any other country, there's one corner of their business that's raking in a lot more money.