Purchase

As the summer home-selling season comes to a close, the number of houses sold and the median price of those sales hit all-time highs for any August on record, the Austin Board of Realtors said.

The low mortgage rates of August drove new homebuyers to cannonball into the purchase market compared to the year before, according to the Mortgage Bankers Association.

Sentiment among homebuilders climbed to the highest in almost a year on stronger current sales momentum, adding to signs that lower mortgage rates are giving the industry a boost.

It appears a relatively good time to be a homebuyer in the Portland, Ore., area.

Canadian home prices recorded their biggest gain in more than two years, and sales advanced for a sixth straight month in another sign of health in the country's real estate market.

With the qualified mortgage patch expiring and a recession likely, wealth inequities that have hurt black and millennial homeownership could worsen, according to the National Association of Real Estate Brokers.

Property values recovered, and in some cases even surpassed housing bubble peaks, but the same can't be said for waning new construction activity, which won't return to historic norms for years, according to Zillow.

With the ongoing issue of the affordable housing crisis, the Mortgage Bankers Association got behind the Build More Housing Near Transit Act, a bipartisan bill introduced in the House of Representatives.

While the critical defect rate for closed mortgage loans fell on a quarter-to-quarter basis, there were increases in income and packaging-related deficiencies, an Aces Risk Management study found.

If warning signs of a possible U.S. recession are currently flashing, Valeria Kremser doesn't see them in the Philadelphia housing market.

For the third time this year, the monthly median sale price for single-family homes hit a new high for Maui County.

Offerpad claims its upcoming program can help homebuyers move into a house within 24 hours of finding it, while the industry average move-in and closing time sits at 43 days.

Colorado Springs' four-month streak of record-setting home prices was snapped in August, but local buyers still are paying more for housing than last year, a new Pikes Peak Association of Realtors report shows.

Mortgage rates rose seven basis points compared with the prior week, but remained below 3.6% over four consecutive weeks for the first time since the fourth quarter of 2016, according to Freddie Mac.

Digital mortgage strategies do more to support loan officers than some people think, according to Tom Wind, executive vice president of consumer lending at U.S. Bank.

Summer sales of single-family homes in Thurston County, Wash., ended with a bang in August as sales nearly matched last year's red-hot results and the median price climbed almost 10% over August 2018.

A swell of refinance demand amid a low mortgage rate environment pushed lender profit margin outlooks to the highest level since the first quarter of 2015, according to Fannie Mae.

Mortgage application fraud risk plummeted in the second quarter as refinance loans poured into the market, according to CoreLogic.

For the first half of 2019, the real estate market in Billings, Mont., is looking strong, with local organizations noting a few aspects of the industry to keep an eye on.

Mortgage applications increased 2% on an adjusted basis from one week earlier driven by gains in the purchase market while refinance activity was flat, according to the Mortgage Bankers Association.