Purchase

South Florida's spiraling home prices may be on the verge of calming down a bit.

Sales of new homes cooled in April from an 11-year high amid a surge in prices, adding to signs of softness in housing at the start of the quarter.

The decline in average mortgage rates since the start of the year is driving higher purchase demand, especially at the higher end of the market, according to Freddie Mac.

In a weak first quarter, housing activity held up better for first-time homebuyers than others, according to a new Genworth Mortgage Insurance report.

Rising prices and a shortage of starter homes hobbled home sales in the Twin Cities last month.

One year into her tenure as SunTrust Banks' mortgage transformation officer, Sherry Graziano has put into motion several initiatives that are redefining the role of loan officers at the Atlanta-headquartered company.

With mortgage rates falling to their lowest level in over a year, refinance volume drove this week's increase in application activity, according to the Mortgage Bankers Association.

Tampa Bay home sellers take note — the steady price gains of the past few years might be coming to an end.

Central Ohio home prices reached a record high in April, as eager buyers continue to compete for homes the moment a for-sale sign is posted.

Sales of previously owned homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties.

The era of plentiful refinance volume is over for the foreseeable future, because mortgage rates remained in a very narrow band for the past decade, said Mortgage Bankers Association Chief Economist Mike Fratantoni.

Single-family home prices in Orange, Los Angeles and San Diego counties changed course, climbing up in April after falling year-over-year in March.

One of the hardest financial parts of buying a new home is coming up with the initial down payment on the mortgage loan.

Home prices in metro New Orleans were up at the start of 2019, according to the latest data from the National Association of Realtors.

Generation X is in its prime earning years, but the financial profiles of those renting are distinctly different from those who own a house, according to LendingTree.

President Trump's tax reform package had an impact on nearly half of potential buyers searching for a new home, nine percentage points less than one year ago, according to a new Redfin survey.

The price of a new home in Houston rose slightly in April, while the number of pending new-home sales dropped in Houston and other large Texas metros.

The median price of a home sold in metro Atlanta in April was just 3.7% higher than the same month a year ago, according to a report from the Atlanta Realtors Association.

Mortgage activity plunged before the start of the year, but subprime originations dropped the least, according to TransUnion. Despite dwindling volume, borrower delinquency rates hit historic lows in the first quarter.

Mortgage rates descended through the onset of spring's home buying season, pushing up the share of refinance loans and volume of new-home purchase applications, according to Ellie Mae and the MBA.