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Contract signings to purchase previously owned homes unexpectedly fell for the third straight month in December, yet another sign the housing market is struggling amid elevated property prices and borrowing costs.

Mortgage application activity decreased 3% from one week earlier as rates for conventional loans continued to move higher, according to the Mortgage Bankers Association.

Even with a vibrant residential real estate market in Maine's major cities, homeowners in the state tend to stay put longer than those in the 50 largest American cities.

Sales of single family-homes in the Tampa Bay area plunged in December as prices again rose.

Current housing market conditions are sending the real estate and mortgage industries back to the drawing board to craft strategies ultimately in support of customer acquisition and retention at a time when competition is tight.

Some hopeful souls in Washington believe the commercial banking industry will return to originating and servicing higher-risk mortgages, but most banks are more likely to continue withdrawing from the sector.

With its new round of funding, the mortgage fintech company will look to expand its geographic reach and reduce the mortgage closing process to a week in 2019.

CrediFi helps bankers pursuing commercial real estate loan growth minimize the risk in lending to customers they historically haven't served.

PulteGroup's housing-finance unit recorded a year-to-year decline in its capture rate for the fourth quarter, as competition in the market intensified.

The same TILA-RESPA integrated disclosure errors continue to plague mortgage lenders, though those documents have been required for over three years, a report from MetaSource said.