Mortgage rates

The job market gaining steam year-over-year pushed the purchase and overall mortgage application volume upward despite refinance activity dropping to an 18-year low.

Despite available home equity shooting up in the first quarter, the share of total equity withdrawn by borrowers hit a four-year low, likely due to an increase in interest rates, according to Black Knight.

Slight declines in consumer expectations for more favorable future job security, income and interest rates knocked Fannie Mae's Home Purchase Sentiment back down from a record high in June.

Volatility in the financial markets, uncertainty with foreign trade and the housing supply deficit caused mortgage applications to drop for the second straight week.

Mortgage rates maintained their recent slide and have now declined in five of the past six weeks, according to Freddie Mac.

Housing demand is high, but few homeowners are interested in selling and the resulting inventory shortage continues to drive home prices higher.

Purchasing power took a plunge in some of the nation's hottest housing markets, as a competitive spring purchasing season continues to drive home prices higher.

Dallas-area home prices are up 7.8% from a year ago in the latest national comparison by CoreLogic.

KB Home attributed significant growth in its building and mortgage income to first-time homebuyer activity and new lending technology in its fiscal second quarter.

From lowering expectations about their ideal home to moving faster to close a deal, here's a look at five ways house hunters say they would react to average mortgage rates reaching 5%.