Mortgage rates

The 30-year fixed-rate mortgage averaged 4.23% for the week ending March 23, down from last week when it averaged 4.3%.

Purchases of new homes increased in February to a seven-month high, indicating the effects of the recent rise in borrowing costs on the residential real estate market have been modest.

Mortgage applications decreased 2.7% from one week earlier after the Fed announced a rate hike, according to the Mortgage Bankers Association.

February homes sales fell 2.6% in Wisconsin, but a shortage of homes on the market is leading to higher prices.

With interest rates on the rise, analysts say the Fed could start shrinking its unprecedented $1.75 trillion position in mortgage-backed securities by year-end.

Homes for sale listings are scarcer than they've ever been entering the spring selling season.

Mortgage rates are being pushed higher by the same economic factors that led the Federal Open Market Committee to increase short-term rates.

The strongest pace of single-family homebuilding in nearly a decade drove residential housing starts to a four-month high in February.

Slim pickings put a lid on home sales in the Twin Cities metro last month, the Minneapolis Area Association of Realtors said.

Confidence among homebuilders is the strongest since the mid-2000s housing boom as sales prospects improve despite rising mortgage rates.

Reflecting the post-election interest rate rise, closed purchase loans were 57% of February's total volume, according to Ellie Mae's Origination Insight report.

Mortgage interest rates increased 11 basis points over the previous week, reaching their highest level so far in 2017, according to Freddie Mac.

Nonbanks are gaining on their bank competitors when it comes to the market share of purchase loan originations.

Mortgage interest rates fell after four consecutive weeks of holding steady, according to Freddie Mac.

Soaring home prices have created market volatility that's making it difficult for appraisers to accurately pinpoint home values and putting mortgage approvals and home sales in jeopardy.

Simultaneous spikes in home prices and mortgage rates have put an unusual squeeze on borrowers' purchasing power and require lenders to be proactive about protecting their loan pipelines.

Mortgage application activity increased by 5.8% during the week of Feb. 24.

The number of consumers looking to buy a home reached an all-time high in January.

Contracts to buy previously owned homes declined in January due to higher rates and prices

A consumer's home purchase power declined in December as a result of higher interest rates.