Mortgage rates

New-home construction rose less than forecast in July amid a rebound in groundbreaking for single-family and multifamily houses, indicating the industry was trying to regain its footing at the start of the second half.

Purchase-loan share held steady month-to-month for the first time this year, even though it is still above year-ago levels in line with a seasonal decline, but growth remains in the forecast.

Mortgage applications waned for the fifth week in row, hitting their lowest levels in six months, as the summer's growing interest rates plateaued.

Homes in the Toledo, Ohio, area continued to sell quickly as they have done now for two years.

Confidence among homebuilders fell to an 11-month low in August on rising construction costs and shortages of skilled labor, a National Association of Home Builders/Wells Fargo report showed.

As housing affordability continues eroding on growing property values and mortgage rates, nearly a quarter of millennials believe they need to delay having children to afford a home purchase.

The risk of mortgage defaults reached its highest point since the second quarter of 2015 as lenders loosen credit, according to VantageScore.

Mortgage rates took a small step back due to affordability pressure after climbing for the past two weeks, according to Freddie Mac.

Mortgage applications declined for the fourth consecutive week as interest rates remained at high levels.

Consumer optimism about purchasing a home continued to fade in July, as low inventory, rising prices and higher interest rates are affecting their market perception, Fannie Mae said.