Purchase

Toronto, Montreal and Vancouver have seen the biggest net inflow of millennials in 12 years, a key reason demand for housing is expected to remain strong, despite spiraling costs, according to Royal Bank of Canada.

Silverton Mortgage, an affiliate of Warren Buffett's Berkshire Hathaway, has joined a small but growing group of lenders in offering a newer form of government-sponsored enterprise financing for manufactured homes.

Home sales across Connecticut in March provided a weak lead-in to the state's spring home buying season with sales and prices both registering year-over-year declines.

Mortgage rates are low, the job market is on fire and, in a mysterious disconnect, Palm Beach County, Fla., home sales lagged again in March.

Mortgage rates posted a fourth consecutive week of increases, but Freddie Mac remains bullish in its outlook for this spring's home purchase season.

Purchase mortgage applications, which until now were unaffected by the recent rise in interest rates, fell by 4% on a seasonally adjusted basis from last week, according to the Mortgage Bankers Association.

The number of March home sales in Ohio slumped from year-ago levels as prices continued to grow.

Even after integrating the 52 Wells Fargo branches acquired in December as part of its efforts to diversify beyond home lending, Flagstar Bancorp's first-quarter earnings were driven by increased mortgage revenue.

A shortage of starter houses is choking home sales in the Twin Cities, making it a less-than-stellar spring for first-time home buyers in the Twin Cities.

Sales of new homes unexpectedly rose in March, climbing to a 16-month high to cap the first quarter with a third straight increase that reflects a boost from lower borrowing costs.

Homebuilder stocks are slipping after sales of previously owned homes fell more than forecast in March and KBW cut its rating on D.R. Horton shares.

Any worries about the possibility of higher interest rates and an economic expansion that might eventually fizzle haven't been enough to soften the housing market throughout the South Bend, Ind., region.

Millennials act differently than prior generations, including moving to second-tier markets to buy a home, and that is the opening for community lenders to reach this market.

After a strong February, existing-home sales took a U-turn in March. While buyer conditions heat up and mortgage rates remained low, consumers took a patient approach — especially in the expensive West Coast markets.

If favorable interest rates and rising consumer incomes continue, market potential for home purchases will be boosted in the short term, according to First American Financial.

Buyers in the tightest housing markets finally got what they've been looking for: inventory. But instead of sales surging as a result, they're sinking.

Sales of previously owned homes eased more than forecast in March, suggesting the housing market is still finding its footing after a weak 2018.

New-home construction unexpectedly fell in March, decelerating to the slowest pace since May 2017 and suggesting builders remain wary even as lower mortgage rates and steady wage gains offer support to consumers.

Economic growth will slow in 2019, but conditions will help home sales hold steady, with mortgage volume now being projected to rise over 2018, according to Fannie Mae.

Mortgage rates rose for the third consecutive week, but home purchases are up as well, to their highest level in nine years, according to Freddie Mac.