Mortgage rates

While last week's large drop in interest rates sparked a surge in refinance activity, purchase mortgage application volume increased for the first time in over a month, according to the Mortgage Bankers Association.

There's a silver lining to the recent economic turbulence: Mortgage rates have tumbled in recent weeks, triggering a rush to refinance and a race to the closing table for many Twin Citians.

With bidding wars subsiding, new-home sales prices dropped, causing the largest decline in new construction since 2013, according to Redfin.

The monthly volume of new mortgage securities insured by Ginnie Mae remained higher than it has been in more than two years in July, rising slightly on a consecutive-month basis.

Lower mortgage rates sent Dallas-Fort Worth homebuyers to the closing table in record numbers in July.

Mortgage-backed securities investors are looking to the specified pool market to counter higher prepayment speeds seen with loans purchased through the TBA window.

There was a fairly small chance that homebuyers faced a bidding war in July, compared with the prior year when the odds were almost 50-50, according to Redfin.

Lower interest rates and improved gain-on-sale margins helped Impac Mortgage Holdings record its first profitable three-month period since the first quarter of 2018.

Jumbo loan product availability continued climbing and reached an all-time high in July, but it wasn't enough to stop overall credit standards from tightening, according to the Mortgage Bankers Association.

Rates for 30-year mortgages are at their lowest since late 2016, sending many previously hesitant homeowners to their brokers.

Colorado Springs-area homebuyers continue to dig deeper into their pocketbooks, as a historically low supply of properties listed for sale and strong demand send prices soaring.

Mortgage rates tumbled to lows not seen since November 2016 as benchmark 10-year Treasury yields continue to decline due to investors' uncertainty over trade and the economy, according to Freddie Mac.

Halfway through the year, the Flagstaff, Ariz., housing market has hit new highs in the cost of houses sold.

The potential for negative long-term mortgage rates is surfacing around the world, and with global tensions building in the U.S. market, there's a small but growing chance it could happen here, too.

Positive views on job security and mortgage rates pushed consumer sentiment on housing to an all-time high in July, according to Fannie Mae.

The U.S. government's trade war with China is pushing down yields on 10-year and 30-year Treasury notes.

In Denmark's $495 billion mortgage-backed covered bond market, another milestone was reached on Wednesday as Nordea Bank said it will start offering 20-year fixed-rate loans that charge no interest.

Discover Bank is approaching $1 billion in home equity-related receivables, a milestone for the six-year-old home-loan division that aims to rework the lending process for both its customers and loan officers.

Lower mortgage rates are giving homebuyer affordability a serious boost as it reaches an 18-month high, helping purchasers afford $45,000 more house for the same monthly payment compared to last fall.

Yields on the 10-year Treasury note fell 11 basis points on the morning of Aug. 5 as the trade dispute between the U.S. and China escalated.