Purchase

Toronto's housing market kept its footing August as sales gained while prices were little changed, continuing to stabilize after a turbulent year.

The typical homeowner spends 17.5% of their income on monthly mortgage payments, according to Zillow's second quarter affordability report.

Mortgage rates inched higher for the second straight week and further increases are likely in the near term, according to Freddie Mac.

More flip-and-fix property buyers seek financing for their purchases as fewer distressed homes come on the market and sales margins narrow, said Attom Data Solutions.

Housing construction in the Twin Cities increased slightly last month, with most of the gain coming from a hefty increase in apartment construction.

Sacramento's once hot housing market continued its cooling trend in July, with median prices dipping slightly in five of the six local counties.

After home prices soared due to a lack of inventory and a recovering economy, three-quarters of experts believe the shift to a buyer's housing market should come in two years.

Nearly half of July's millennial homebuyers were single, a sign that they are not waiting for certain milestones like marriage before deciding to become homeowners, according to Ellie Mae.

Mortgage applications decreased 0.1% from one week earlier, dropping for the seventh time in eight weeks even with scant movement in interest rates, according to the Mortgage Bankers Association.

The median Bay Area home price fell from June to July but was still up double digits over last year, according to CoreLogic.

The pace of home construction in the San Antonio market has surged to its highest level since 2007, but it likely won't be enough to correct a woeful shortage of affordable homes.

How affordable is Tampa Bay? One test is whether someone earning the median income can afford the median priced home.

The local real estate market had a summer as hot and record-breaking as Savannah's temperatures with more than 1,500 homes selling across Bryan, Chatham and Effingham counties during June and July.

Future reductions in loan application defect risk are likely because of mortgage lenders' fintech investments, even as the purchase origination share grows, said First American Financial.

Home buyers in the Twin Cities and beyond will have to wait until at least 2020 for key indicators in the housing market tilting toward buyers, according to a new survey.

Experts don't see a way for Bloomington's current infrastructure to provide the kind of housing middle-income residents need.

Mortgage rates took small steps up after hitting a four-month low, but continued hovering around the same range they have all summer, according to Freddie Mac.

Private mortgage insurance was the largest source of credit enhancement for new homeowners in the second quarter making a low down payment for the first time ever, according to Genworth Mortgage Insurance.

With spring homebuying in bloom, the second quarter brought profits to independent mortgage bankers after going negative for the second time ever, according to the Mortgage Bankers Association.

The vast majority of consumers start the mortgage process with internet research, but when it comes time to initiate contact with a lender, borrowers are nearly as likely to pick up the phone as they are to connect online.