Purchase

The spring housing market brought some good news for both homebuyers and sellers as conditions eased up on both sides of the fence, according to Remax.

Sentiment among homebuilders unexpectedly posted the first decline this year, suggesting lower mortgage rates are failing to give the housing market a sustained boost amid property prices that remain out of reach for many buyers.

Housing finance agencies reported increased demand for their loan products, but at the same time the inventory shortage constrains activity and drives them to work with other public entities to find solutions, Moody's said.

With mortgage rates expected to continue their recent slides over the next 18 months, in tandem with slowed economic growth, loan originations should see a jump through 2020, according to Fannie Mae.

Higher prices but fewer sales led to a roughly $20 million reduction in residential real estate sold on Maui last month, according to the Realtrs Association of Maui.

Canadian home sales activity continued to rebound last month, suggesting the nation's housing market is improving after a sluggish start to the year.

In cities across the country, the affordable housing situation spans a bleak spectrum. In light of this, the Mortgage Bankers Association launched an initiative to address the needs of underserved markets.

The pace of sales in the metro Atlanta housing market slowed last month, despite a spring surge in the number of homes listed for sale, according to the Atlanta Realtors Association.

Appraisal Logistics is letting mortgage lenders take the lead by licensing out its in-house technology platform, AIMPort.

Lower interest rates and slower price growth helped to boost mortgage applications to purchase newly constructed homes during May, the Mortgage Bankers Association said.

Housing prices in Boulder County are plateauing despite a low inventory, according to the latest data for May from the Colorado Association of Realtors.

Mortgage rates remained unchanged as investors' concerns over U.S. foreign trade policy, which triggered the previous week's drop, were moderated, according to Freddie Mac.

The Houston housing market logged another solid month in May as buyers closed on 8,346 homes, up 2.8% from a year ago, new data shows.

Approximately two-thirds of millennial and Gen-Z renters expect to purchase a home in the next five years, although their aspirations for homeownership slipped from a year ago, a Pulsenomics survey found.

A new startup launched in the Bay Area says it can help buyers survive the region's cutthroat housing market by doing away with one of its biggest hurdles — a massive down payment.

With refinance activity rising to its highest level in three years, mortgage application volume increased 26.8% from one week earlier, according to the Mortgage Bankers Association.

Home sales in Baltimore plunged in May amid the recent ransomware attack on city government computers, including those essential for completing real estate transactions.

Prepayment speeds for loans included in agency mortgage-backed securities were up approximately 20% both monthly and annually during May as the decline in interest rates boosted activity, according to Keefe, Bruyette & Woods.

As purchase applications stall in the heart of home buying season despite mortgage rates nearing two-year lows, lenders continued to loosen credit standards in May, according to the Mortgage Bankers Association.

North Texas home sales gave their best showing of the year in May.