Mortgage rates

As mortgage rates continued rising, the percentage of closed home purchase loans grew to its highest level in about four years, according to Ellie Mae.

Mortgage applications decreased by 2.7% and fell for the sixth straight week as key interest rates fell slightly, according to the Mortgage Bankers Association.

New-home construction declined in April as fewer starts of apartment projects outweighed a modest improvement in single-family structures, government figures showed Wednesday.

The 10-year U.S. Treasury yield rose to its highest level since 2011, extending a selloff in the world’s biggest bond market and raising fresh questions about how high America's borrowing costs will climb.

Sentiment among homebuilders rose for the first time in five months as job gains and tax cuts helped keep buyer demand healthy amid rising prices and mortgage rates.

Despite a healthier economy, growing household income was not enough to make an impact on home sales as the market still suffers from historically low levels of inventory.

The home buying season is already shaping up to be especially competitive this year, as rising prices and mortgage rates are putting a damper on purchasing power in many once-affordable housing markets.

Mortgage rates were unchanged over the past week, but appear to be headed higher with a robust summer home sales season expected, according to Freddie Mac.

Mortgage applications decreased by 0.4% and were down for the fifth straight week, as key interest rates also fell slightly, according to the Mortgage Bankers Association.

Bank of Montreal is wooing homebuyers with a variable mortgage rate with the biggest discount ever by a large Canadian bank, according to one market watcher.