Purchase

After seemingly falling off a cliff in April and May amid the cornavirus pandemic, Central Texas home sales have bounced back in a big way.

Mortgage rates crept up this week, nearly reaching the 3% mark as lenders raised prices because of a new fee, although purchase activity remained solid, according to Freddie Mac.

With mortgage rates tumbling near 3% in the second quarter, refinance originations spiked 400% in some housing markets, pushing overall volume to its highest point since 2009, according to Attom Data Solutions.

Home sales in greater Hartford jumped in July — typically a slow summer month for purchases — as sellers who sat the sidelines at the start of the pandemic put out the "for sale" sign and eager buyers snapped up properties.

The coronavirus continued reshaping the Bay Area housing market last month, as demand for homes was weakest in San Francisco and strongest in the North Bay as buyers untethered to an office sought more space.

Recent changes to housing policy and uncertainty regarding the coronavirus could slow that growth.

Mortgage applications decreased 3.3% from one week earlier, but purchase activity momentum persisted with home sales remaining a bright spot in the economic recovery, according to the Mortgage Bankers Association.

When you're quarantined inside your home with no place to go, the walls around you take on a whole new meaning.

Houston-area new-home sales volume and prices continued on an upward track in July for the second straight month as mortgage rates fell to historic lows.

Oklahoma City-area home sales didn't let up in July and show no sign of slowing down heading into fall.