Purchase

The median sales price for existing single-family homes in Manatee County, Fla., hit $325,000 in July, the highest median price since the housing crisis and Great Recession more than a decade ago — and near a historic all-time high.

Digitizing the lending experience can go a long way toward boosting mortgage applications even as interest rates continue to fluctuate.

To boost its presence in affordable housing, Synovus Bank is devoting considerable resources to training its loan officers.

Lower interest rates that have the power to reduce house payments are triggering a surge in mortgage refinancing activity and giving real estate agents hope that more affordable rates can lift area home sales that are barely lagging behind 2018.

Sales of existing single-family homes in Maine remained relatively flat in July compared with a year earlier, while the median sale price increased by about 2%.

Millennial mortgage debt is on pace to reach levels higher than any other generation, according to Experian.

Sales of new homes fell in July, missing estimates, after an upward revision to the prior month brought those sales to the highest level since 2007, a sign that lower borrowing costs may be helping stabilize purchases.

Austin-area home sales and the median price of those homes both hit all-time highs last month for any July on record, the Austin Board of Realtors said.

Refinances jumped in July in response to a considerable mortgage rate decline from the month prior as homeowners set to lock in lower costs, according to Ellie Mae.

Mortgage rates continued to drop this week and hit their lowest levels since November 2016, while stimulating the real estate market and the economy, according to Freddie Mac.

The median price of Palm Beach County, Fla., houses sold by Realtors last month was $355,013, up 1.4% from July 2018, but a bit below May's high point of $364,900.

Central Ohio home prices continued their record ascent in July, as the one of the nation's hottest real estate markets shows no sign of cooling.

Mortgage debt hit an all-time high, but the share of homeowners with financing has fallen to a low not seen in 13 years, according to the Urban Institute.

Sales of previously owned homes increased in July to a five-month high, underscoring stability in the residential real estate market that may be starting to get a boost from falling borrowing costs.

Mortgage application volume fell last week as the small drop in interest rates slowed refinancing activity, while economic worries likely kept purchasers out of the market, according to the Mortgage Bankers Association.

Last year, the battle for the bid, the guerrilla warfare over the Lehigh Valley's dwindling supply of middle-priced homes, was a public spectacle.

A healthy gain in home sales in the Twin Cities metro last month helped push prices to a new high.

Here's a look at 12 of the nation's most affordable housing markets, based on the lowest shares of median local income needed to buy a house in the area, according to Redfin.

July's existing-home sales lived up to their potential after falling short the previous month, but that potential remains limited because tenure continues to increase, according to First American.

Albuquerque, N.M., home prices dipped slightly last month, but still maintained their torrid rate of growth over the past year.