Purchase

Lennar's mortgage banking unit agreed to settle False Claims Act allegations for $13.2 million, a smaller amount than other lenders paid to the government prior to the end of fiscal year 2017.

Bucking a national trend, sales of single-family homes soared by double digits in Hillsborough, Pinellas and Hernando counties in September.

Dallas-Fort Worth was the only major Texas market that saw a decline in third quarter home sales.

Sales of previously owned homes eased in September to the weakest pace in almost three years, a sign rising prices and mortgage costs are keeping potential buyers on the sidelines, National Association of Realtors data showed.

As mortgage rates recently hit their highest point in seven years, closed refinances fell back to their low point of 2018, according to Ellie Mae.

Rising mortgage interest rates not only will continue to constrain banks' once-robust revenue from this business, they will also affect existing borrower credit quality, a report from Moody's said.

The extended boom in residential real estate sales in metro Detroit may be peaking if newly released September sales numbers are any indication, though experts say it remains a seller's market.

Despite mortgage rates at a seven-year high and rising home prices and low inventory that are keeping consumers from buying homes, rental prices are declining in many markets.

Property values have grown enough for households to establish equity and make a profit, but homeowners continue staying put, causing sales to underperform their potential.

Increasing pessimism about housing is driving Fannie Mae's estimates for originations this year down a little further.

The Twin Cities housing market continues to show signs of a shift to a buyers' market.

The retreat in Atlanta's housing market is becoming a rout as the number of home sales last month took a double-digit tumble from a year ago.

Northeast Ohio home sales stuttered in September, cooling as autumn set in and as prices and mortgage rates climbed.

Mortgage applications decreased sharply from one week earlier as key interest rates stayed above 5%, although purchase volume grew from a year ago, the Mortgage Bankers Association reported.

Flat home sales last month lowered the temperature a bit in the long-hot Central Texas housing market, according to the Austin Board of Realtors.

While mortgage volume is expected to shrink next year, it should increase during the following two years and beyond as millennials start buying homes, the Mortgage Bankers Association forecasts.

Homes sales in Lucas and upper Wood counties in Ohio decreased by 5.4% in September, but the decline was expected, a local real estate official said.

Confidence among homebuilders unexpectedly rose in October, registering the first gain in five months amid falling lumber prices and solid demand.

September's surprising large year-over-year drop in home sales is a sign that the housing market continues moving toward balance between buyers and sellers, a Remax report said.

With home mortgage rates climbing to a seven-year high, typical homes in the Albany, N.Y., region have become less and less affordable this year, according to a regional real estate agents group.