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The share of severely underwater mortgages shrunk by over two percentage points compared with a year ago, as these borrowers benefited from the rise in equity levels, Attom Data Solutions said.

Though still comparatively strong, consumer confidence in the housing market dropped again in October in response to economic uncertainty and lack of affordability, according to Fannie Mae.

U.K. house prices posted their slowest growth this year in October, according to mortgage lender Halifax.

Mortgage rates fell for the first time in four weeks, although given investor optimism over better economic news, it might be a blip, according to Freddie Mac.

Houston held its spot as the No. 2 market for new home starts in the third quarter, according to a new report from Metrostudy.

Southern California house prices continued rising in September, although gains remain the smallest since the housing recovery began in the spring of 2012, new data shows.

Taylor Morrison Home Corp. has agreed to buy William Lyon Homes in a deal that would combine the two companies' in-house mortgage divisions and make the resulting entity the fifth-largest U.S. homebuilder.

Tighter mortgage regulations are making Canada's housing market less risky, according to the government agency responsible for its oversight.

It was activity at the upper end of the housing market that helped to keep mortgage application volume level with the previous week, the Mortgage Bankers Association said.