Purchase

Sales of previously owned homes rebounded in February to the fastest pace in almost a year, topping estimates and snapping a three-month streak of declines to offer a robust indication that the housing market is stabilizing after last year’s slump.

The gap between potential and actual existing home sales is narrowing even though supply shortages still vex the market, according to First American’s latest report.

The home purchase loan share is up and closing times are down ahead of an expected healthy spring buying season, and declining mortgage rates could be a reason, according to Ellie Mae.

The 30-year mortgage rate dipped lower than it was 12 months ago for the third week running, according to Freddie Mac's latest report.

Against a background of record low inventory, February sales of single-family homes in the Seacoast area bested last year's totals by 30%, according to the Seacoast Board of Realtors.

Weather usually puts a damper on home sales, but even the increase in severe weather didn't stop homebuyers from getting out there.

Fannie Mae estimates the average 30-year fixed-rate mortgage to hold at 4.4% through 2019 and 2020 due to the overall slowdown in the economy, according to the March housing forecast.

Canada's housing agency will spend up to C$1.25 billion ($943 million) over three years to take equity positions in homes bought by first-time buyers, part of a plan by Justin Trudeau's government to make housing more affordable for the youngest voters.

The San Jose housing market has cooled more than any other in the country — and it's still the hottest in the nation, according to a recent Zillow survey.

Mortgage applications increased last week but unlike the prior period, it was driven by refinance volume as interest rates fell to a one-year low, according to the Mortgage Bankers Association.

During February, sellers listed just 4,355 properties across the metro, 14% fewer than last February, according to the Minneapolis Area Realtors.

Manufactured and modular home lender Tammac Holdings is using $60 million in debt and equity financing from its new majority owner to fund construction loans.

Metro Orlando home sales slid 5.4% in February compared with the same month a year ago as the region's real estate market continues to cool.

Sonoma County's housing market started the year the way it finished 2018 — in decline as buyers remain content to sit tight as sellers reduce home prices.

Sentiment among homebuilders held steady in March, sustaining a rebound from a recent three-year low on improvement in sales and a brighter outlook for the next six months.

A strong spring home purchase season could reverse the downward trends in single-family construction and remodeling activity and help deter an economic downturn, a report from BuildFax said.

Homes in Charlotte are selling fast. Prices are shooting up. Demand is growing.

The Colorado Association of Realtors is confirming an earlier report from the Denver Metro Association of Realtors that metro Denver home prices suffered an annual decline in February.

New-home mortgage applications are on the rise, incentivizing builders to add housing stock in a market drained of supply and signaling a healthy spring buying season ahead, according to the Mortgage Bankers Association.

Mortgage brokers need to consider bringing their business into new locations to overcome limitations like competition and a finite number of possible customers.