Mortgage rates

Single-family home prices in Colorado Springs rose by 8.2% from the second quarter of last year to the second quarter of 2019, which ranked as the fifth highest appreciation rate among the nation's 100 largest metro areas.

Portland-area home price growth held steady in June amid a nationwide slowdown.

Mortgage rates rose for the first time since the middle of July, but that, along with continued consumer worries about the economy, helped to reduce application activity from the prior week.

Dallas-area home price gains continued to lag national increases in the latest housing market update.

Though advocates and industry are rarely aligned, they are starting to coalesce around a plan that would call for the elimination of the CFPB’s 43% debt-to-income limit as part of its qualified mortgage rule.

While affordability continues to affect homebuyers, rising income combined with descending interest rates and decelerating housing values boosted the purchase market, according to First American.

Homes in the Rockford, Ill., region sold for $147,000 on average last month, the highest monthly average price since July 2006.

Digitizing the lending experience can go a long way toward boosting mortgage applications even as interest rates continue to fluctuate.

Lower interest rates that have the power to reduce house payments are triggering a surge in mortgage refinancing activity and giving real estate agents hope that more affordable rates can lift area home sales that are barely lagging behind 2018.

Refinances jumped in July in response to a considerable mortgage rate decline from the month prior as homeowners set to lock in lower costs, according to Ellie Mae.