Zillow

From Middle America to upstate New York, here's a look at cities offering the best opportunities to millennial buyers.

Average mortgage rates dropped for the seventh time in the last nine weeks following news from the Federal Reserve of a possible near-term rate cut, according to Freddie Mac. The 30-year fixed-rate mortgage fell to its lowest level since November 2016.

From Seattle to Pittsburgh, here's a look at the 12 best housing markets for homebuyer purchasing power, characterized by a favorable combination of local wages and lower property values and mortgage rates.

Home price appreciation turned the corner into negative territory, with values down for the second straight month, according to Zillow. Before April, property values continued growing for 85 months in a row.

The real estate service Zillow has tried to quantify what has long been real estate conventional wisdom: That gay neighborhoods carry a premium over other neighborhoods.

Mortgage rates remained stable as the 30-year fixed-rate loan settled in near 3.8% for the third straight week, according to Freddie Mac

Mortgage rates remained unchanged as investors' concerns over U.S. foreign trade policy, which triggered the previous week's drop, were moderated, according to Freddie Mac.

Mortgage rates fell to their lowest level since September 2017, with the 30-year down 17 basis points as worries over foreign trade policy continued to roil the markets, according to Freddie Mac.

In the San Francisco and San Jose metro areas, more than a fifth of young adults between the ages of 23 and 37 lived with their parents in 2017, according to a Zillow analysis of U.S. Census data.

As the bond market drives yields down because of the economic turmoil, mortgage rates moved in concert, dropping below 4% for the first time since January 2018, according to Freddie Mac.

With the starter home inventory shortage pressuring first-time homebuyers to act, four out of five millennial purchasers lament at least one aspect of their mortgage, according to Zillow.

South Florida's spiraling home prices may be on the verge of calming down a bit.

The decline in average mortgage rates since the start of the year is driving higher purchase demand, especially at the higher end of the market, according to Freddie Mac.

Rising prices and a shortage of starter homes hobbled home sales in the Twin Cities last month.

Tampa Bay home sellers take note — the steady price gains of the past few years might be coming to an end.

The housing slowdown is turning out to be a gift to apartment landlords. After all, those people who aren't buying still need somewhere to live.

Market reaction to the trade dispute with China led to a modest decline in mortgage rates this week, but that shouldn't affect home sales in the coming months, Freddie Mac said.

Zillow's mortgage division experienced better customer demand in the first quarter than it expected, but its revenue was outweighed by expenses that led to a pretax loss of $9.6 million.

Mortgage rates continued to decline during May, as fears over a possible trade war with China drove investors into safer instruments, according to Freddie Mac.

Mortgage rates dipped after four weeks of increases, finally mirroring the drop in the benchmark 10-year Treasury yield, according to Freddie Mac.