Purchase

Southern California house prices rose in November by the smallest margin in nearly four years as sales continue to lag, according to the California Association of Realtors.

Home prices are climbing in Long Island City, giving buyers a taste of what they can expect in the Queens neighborhood as Amazon.com Inc. moves in.

New Mexico's housing market continues to set records and continues to buck national trends, according to November numbers.

Home prices are outpacing wage growth across the Chattanooga, Tenn., region, but housing locally remains more affordable than in most of America.

Mortgage prepayment speeds fell to their lowest level in 10 years in November as rising interest rates took a toll on origination activity, according to Black Knight.

Mortgage rates continued to drop this week with the positive effects already aiding housing, according to Freddie Mac.

It's shaping up to be another record year for the Austin-area housing market.

The number of houses for sale last month in metro Atlanta was higher than the number for sale a year ago, signaling that the market may be entering a new phase.

Consumers traditionally pick the lender with the best rate and the lowest payment, but in a competitive marketplace, the customer's digital mortgage experience is often the first tiebreaker.

From Ohio to Utah, here's a look at the 12 housing markets with the highest percentage of millennial purchasers.

Tackling millennial hurdles has been top of mind for the mortgage industry, but the youngest non-homeowners have the smallest share claiming that qualifying for a mortgage will be a big challenge, according to the National Association of Realtors.

Adjustable-rate mortgages in November had their highest share of closed loans since Ellie Mae started tracking this data in 2011 as rates for 30-year loans reached 5.15%.

Sales of previously owned homes rose for a second straight month and exceeded forecasts in November, suggesting consumer demand is picking up as price gains moderate amid more generous inventories.

Mortgage applications decreased 5.8% from one week earlier, although rates fell during the period to their lowest point in three months, according to the Mortgage Bankers Association.

There was a slight increase in house listings in the Twin Cities metro last month, suggesting much better times ahead for buyers and their agents.

Rising rents combined with growing housing inventory could lead to increased purchase mortgage originations in the near future.

New-home construction rebounded last month to the best pace since August while permits rose to a seven-month high, a sign homebuilding is potentially stabilizing even as higher prices and borrowing costs pose headwinds.

Orlando's red-hot real estate market may be cooling off.

The Buffalo Niagara housing market still is sizzling, although there are some signs it's not quite as hot as it was during the summer.

Ordinarily, declining property sales will cool the costs for housing. But existing-home sales have been underperforming their potential for 40 straight months and property values are still on the rise, according to First American Financial Corp.