Mortgage rates

Before signing a home purchase contract, the vast majority of potential homebuyers already selected their mortgage lender in order to compete with investors, a Fannie Mae survey found.

June employment by nondepository mortgage bankers and brokers was little changed from the previous month, but later numbers could prove stronger given some influential lenders' interest in staffing up.

Mortgage rates were unchanged from last week, but going forward, they are likely to decline following investors' reaction to the Federal Open Market Committee's July 31 short-term rate cut announcement.

In the constant search for metro areas offering affordability and purchasing power, consumers abscond exorbitantly priced big cities in favor of alternative locales further inland.

New Residential Investment Corp. took a $32 million net loss in the second quarter as it diversified its business lines and repositioned to protect its mortgage servicing rights from falling rates.

Any growth in housing starts and home sales in the second half of 2019 will be muted by continuing inventory constraints and rising home prices, according to Freddie Mac.

Low mortgage rates and thriving employment should be the recipe for a strong housing market. Instead, they're deepening America's affordability crisis.

Contract signings to purchase previously owned homes rose in June by the most in three months, indicating demand may pick up with the help of lower mortgage rates and steady job growth.

Southern California home prices rose only 1.2% in June from a year earlier, while sales fell 8.8%, reflecting a broad slowdown in the region's pricey housing market.

Some believe the administration will delay action on Fannie Mae and Freddie Mac to avoid any political fallout. Others say the window for reform is closing.

From Jacksonville, Fla., to Seattle, here's a look at the 12 most favorable housing markets for homebuyer purchasing power, based on a combination of local wages, lower property values and mortgage rates.

When a recession occurs, it won't be because of the housing market, according to Zillow. Unlike 2008, 2020 forecasts a gradual slowdown in housing rather than an abrupt crash.

Mortgage fraud risk took a serious dive in the second quarter amid lower interest rates, which brought more refinance transactions into the market, according to CoreLogic.

Bond market investors acted cautiously in the wake of next week's Federal Open Market Committee meeting and that likely resulted in mortgage rates moving lower this past week.

Palm Beach County, Fla., home prices retreated in June after jumping to a post-crash high in May.

Fewer consumers applied for mortgages last week even as interest rates declined by 3 to 4 basis points for all product types, according to the Mortgage Bankers Association.

Sales of new homes rose in June by less than forecast and purchases were revised lower in the three prior months, the latest sign of weakness for the housing sector.

Sales of previously owned homes declined in June, missing estimates in the latest sign of weakness for the housing market.

With housing supply constrained and mortgage rates on a downslope throughout the year, buyers jumped at purchasing a home when the opportunity arose in June, according to Redfin.

Two key economic forces are responsible for driving single-family housing forward, but their potential is limited, according to the National Association of Home Builders.