Purchase

Mutual of Omaha Bank company Synergy One Lending is preparing to acquire certain assets of BBMC Mortgage, a national mortgage company and division of Bridgeview Bank, which will expand its Midwest footprint and improve its strategic direction.

Having children not only forces people to buy a home, but to find a more affordable home, according to Zillow and Census data.

Mortgage rates dropped slightly for the second time in the past three weeks as yields on the benchmark 10-year Treasury note remained flat for most of the period, according to Freddie Mac.

The number of single-family homes sold during the third quarter declined 6.7% from the same three-month period a year ago, while the median sales price rose 3.8%, according to the Rhode Island Association of Realtors.

A combination of moderate rises in mortgage rates and dipping growth in home prices are projected to boost existing and new housing sales through 2020, according to Freddie Mac.

Earnings at four of the private mortgage insurers increased significantly over last year's third quarter even as total mortgage origination volume shrunk during the same time frame.

Mortgage borrower credit scores hit their low points more than five months after making a home purchase, but lender reporting cycles also cause these results to vary, according to LendingTree.

Mortgage applications decreased 2.5% from one week earlier as purchase activity compared with 2017 fell for the first time in nearly three months, according to the Mortgage Bankers Association.

Atlanta's average home prices are up 5.8% since last year, according to a high-profile report on the nation's housing market issued Tuesday.

More people bought homes at Hawaii resorts in the first half of this year and extended a rebound in the market that began last year, according to a new report.

As potential homebuyers anticipate mortgage rates to keep rising, September was a strong month for housing demand, according to Redfin.

The homeownership rate in the U.S. increased in the third quarter, a sign that first-time buyers may be seeing the cooldown in housing as a buying opportunity.

Home-price gains in 20 U.S. cities cooled in August to the slowest pace since 2016, as high borrowing costs and property values limit buyer interest, according to S&P CoreLogic Case-Shiller data.

Sales of existing homes in September in Northwest Indiana took a dip this year, with the seven-county area recording its lowest September level since 2014.

Student debt continues to weigh down potential homebuyers, as the share of first-timers decreased for the third-consecutive year, according to the National Association of Realtors.

While all portions of mortgage credit underwriting standards have slipped since the early post-crisis period, it is the deteriorating conditions that most increases vulnerability for future loan quality, a Moody's report said.

A Queens, N.Y., man who helped defraud mortgage lending units at Bank of America, Chase Bank and AmTrust is now facing 21 months in prison and three years of supervised release.

Two Texas cities have landed at the top of a list of the country's hottest housing markets.

Despite rising mortgage rates and a dismal start to the fall, homebuilders in the Twin Cities are picking up the pace.

While the average down payment percentage of purchase price stayed mostly flat, the average dollar amount dropped 10% from the previous quarter, according to LendingTree.