Purchase

Low mortgage rates and strained supply drove the housing market price growth to a 26-month high in August, according to CoreLogic.

The supply of homes for sale in Riverside and San Bernardino counties was 48% below year-ago levels for the week ending Sept. 26, according to Zillow.

A buying frenzy, with soaring prices and out-of-state buyers, continues to dramatically affect the housing market in Missoula, Mont., but at least one data source shows it's just a continuation of a years-long trend.

Two more lenders, AmeriHome and Caliber, look to join Rocket and United Wholesale Mortgage, by raising capital through public stock offerings.

Whether low rates will continue to outweigh health and employment concerns for millennials and Generation Z remains to be seen.

Mortgage rates fell back toward their all-time low this week, increasing purchasing power for homebuyers. But the lack of homes for sale drives up prices and reduces affordability, according to Freddie Mac.

Pending home sales rose more than expected in August, reaching the highest level on record as low mortgage rates fuel a housing rally.

Mortgage applications decreased 4.8% from one week earlier, as refinance activity was down even as average rates fell to a new record low, according to the Mortgage Bankers Association.

Home prices around Seattle rose faster than in any city in the country, save Phoenix, for the sixth consecutive month in midsummer.

Home prices in 20 U.S. cities gained in July, pushed higher by demand for housing that has been fueled by low mortgage rates.