Mortgage rates

After last week's surge of 11 basis points, mortgage rates held steady due to a dip in energy costs, even with continued stock market volatility, according to Freddie Mac.

Cleveland-area home sales perked up in October after their September slowdown, posting a modest gain even as interest rates edged higher.

As interest rates rise, mortgage originators need to teach millennial homebuyers about the product options outside of conventional loans, Ellie Mae said.

The decelerating pace of home price growth in October is helping offset the rise in mortgage rates, according to Quicken Loans.

Mortgage application activity decreased 3.2% from one week earlier as interest rates rose to eight-year highs and refinancings fell to an 18-year low, according to the Mortgage Bankers Association.

Beazer Homes USA is working to encourage competition among its approved lenders in order to help control upward pressure on home prices and lending rates that could slow sales.

After more than doubling local home starts in the last decade, don't expect Dallas-Fort Worth builders to increase construction by much in 2019.

If falling volume and rising costs weren't bad enough for nonbank mortgage lenders, an extended run of tight gain-on-sale margins is further eating into their profits.

Rising home prices and climbing mortgage rates pulled down affordability to the lowest point since before the housing market crash.

The number of homes sitting unsold in King County has doubled in the past year as buyers continue to retreat from the once-hot market — pushing prices in the city of Seattle down even further.