Purchase

Single-family homes in Maine sold for more this November than last year, reflecting a national trend for higher home prices.

Mortgage applications decreased 5.3% on a seasonally adjusted basis from one week earlier led by a decline in conventional refinance loan demand, according to the Mortgage Bankers Association.

Freddie Mac reduced its origination forecast for 2020 to under $2 trillion, now projecting $184 billion less in refinance volume compared with its November outlook.

Houston secured the top spot in the new-home sales market in Texas as builders sold 1,481 new homes in the area in November.

Palm Beach County's housing market continues to confound the lofty expectations created by robust job growth and rock-bottom interest rates.

No matter who's doing the talking, Colorado Springs' red-hot housing market is expected to continue to sizzle next year, and possibly beyond.

Sales of new homes increased in November, capping the best three months for demand since 2007 and reflecting sustained momentum in a residential real estate market that’s helping to underpin the economy.

Pending new home sales increased both on a month-to-month and annual basis, benefitting from the current low mortgage rate environment, although they are still constrained by inventory issues, a Meyers Research report said.

First mortgage volumes continue to rise at credit unions, but home equity lines of credit have fallen dramatically in recent years.

Metro Atlanta home prices continued their climb in November as sellers continued to hold the advantage in negotiations.