Mortgage rates

San Diego County's median home price was $573,500 in October, lifted by a big increase in sales.

While affordability remains a challenge with the continued strain on housing supply, purchasing power took a big leap in September thanks to a rise in income and descending interest rates, according to First American Financial Corp.

Mortgage rates resumed their upward movement this week, but it's not putting a damper on real estate sales activity, noted Freddie Mac.

Contract signings for previously sold U.S. homes fell by the most since July while remaining healthy on an annual basis.

Mortgage application activity rose 1.5% compared with one week earlier as interest rates remained below 4%, according to the Mortgage Bankers Association.

Buyers snapped up new homes over the past two months at the fastest pace in more than 12 years, adding to signs of sturdy housing demand amid lower prices and borrowing costs.

The median price of a home in metro Atlanta dropped slightly last month, to just under $250,000, but was still higher than a year earlier, according to a report from Remax.

Mortgage prepayment levels were at their highest in over six years during October, as existing homeowners took advantage of the lower rates to refinance, or to a lesser extent, purchase a new residence, Black Knight said.

Palm Beach County, Fla., home prices continued their trend of modest appreciation in October, and sales volumes dipped despite a robust economy.

San Diego's home market got better for sellers in September.

Sales of previously owned homes increased in October as buyers responded to falling mortgage rates, extending a recovery in the residential real estate market this year that’s providing a modest boost to economic growth.

Mortgage rates fell this week, reversing a gradual upward trend, to reach their lowest level in six weeks, according to Freddie Mac.

Entry-level home buyers outnumbered sellers in the Twin Cities metro in October, boosting prices and stifling sales of houses priced at less than $300,000.

Mortgage lenders are operating in a refinance-dominated market again for the first time in years, but it may offer diminishing returns.

Existing-home sales outperformed their estimated potential for October on improved consumer buying power since the start of 2019 and lower mortgage rates, First American said.

For the second consecutive week, mortgage application activity unusually moved in the same direction as interest rates, decreasing 2.2% from one week earlier, according to the Mortgage Bankers Association.

Southern California's recent surge in home sales and prices continued into October, marking the second straight month of year-over-year sales gains in all six counties.

New-home construction rose in October as single-family starts registered the strongest pace since the beginning of the year.

With economic expansion expected to keep churning through at least the first half of next year, Fannie Mae upwardly revised its single-family mortgage origination outlook for 2019 and 2020.

Homebuilder sentiment in the U.S. eased in November for the first time in five months while holding close to the highest level since February 2018.