Purchase

Mortgage application activity increased 3.8% from one week earlier, with refinance volume for Federal Housing Administration-insured loans taking the spotlight, the Mortgage Bankers Association said.

The prequalification letter is a great way to move borrowers from casual tire kickers to committed applicants, but advances in digital verification will soon make it obsolete.

The housing market is likely changing to predominantly repeat purchasers, even as growth in the first-timer buyer segment continued in the third quarter, a study from Genworth found.

Colorado Springs-area homebuyers continued to find slim pickings last month, as the supply of local properties available for purchase remained at historically low levels.

The latest monthly employment estimates for nondepository home lenders and loan brokers rebounded in October and rose year-to-year, reversing a downward trend in 12-month comparisons.

Mortgage-bond investors will need to absorb about 26% more agency MBS supply in 2020 as both home sales and prices continue to climb, according to the average estimate of six of Wall Street's biggest dealers.

Connecticut single-family home sale prices in October reached their highest level in 12 years for the month, a bit of welcome news in a housing market that is looking for a boost in a decade-plus recovery.

Millennials took advantage of the low mortgage rate landscape in October, boosting their refinance share to a survey-record high, according to Ellie Mae.

The vision underpinning the American dream — of fresh-faced young people buying a first home with a white-picket fence — hasn't held up well.

If Denver-area buyers were expecting a bounty of homes to choose from this holiday season, they are going to be sorely disappointed. Sellers are playing the grinch as 2019 draws to a close.