Mortgage rates

Fannie Mae has priced more securities that support a transition away from the London interbank offered rate.

Contracts to buy previously owned homes rose for the first time in three months, indicating that the recent market slump may be starting to stabilize, National Association of Realtors data showed.

High property values and low mortgage rates pushed commercial and multifamily originations beyond their projected totals in 2017 to a new market peak, according to the Mortgage Bankers Association.

Mortgage rates increased slightly across the board, even as the Dow Jones Industrial Average fell nearly 1,000 points over the past few days, according to Freddie Mac.

Home price appreciation is continuing to decelerate due to affordability concerns that are unlikely to let up even though recent market developments have put some downward pressure on mortgage rates.

Purchases of new homes fell more than estimated in September to the weakest pace since December 2016, adding to signs that a lack of affordability is crimping demand, according to government data.

An increase in refinance activity in the period after Columbus Day drove mortgage applications 4.9% higher from one week earlier, according to the Mortgage Bankers Association.

A typical homebuyer has already lost over 6% of purchasing power because of rising interest rates since the start of the year, a study by Redfin found.

Southern California home sales fell in September by the biggest rate since the depths of the Great Recession, the latest housing report by the California Association of Realtors shows.

The number of central Ohio homes for sale in September broke a 91-month streak of year-over-year inventory declines, according to the Columbus Realtors trade group.