Purchase

More borrowers between 21 and 40 are leveraging the historically low mortgage rates to either buy their first homes or slash their monthly payments, according to Ellie Mae.

Mortgage applications increased 3.8% from one week earlier as a drop in most loan interest rates brought on an increase in refinance activity, according to the Mortgage Bankers Association.

Record low mortgage rates and a flurry of buyers on the hunt for home offices and more space helped boost homebuilding on the eve of the presidential election.

With a dearth of inventory, September generated the largest price growth in the housing market since May 2014, according to CoreLogic.

Meanwhile, the delinquency rate is up 89% year-over-year, according to Black Knight.

The government-sponsored enterprise also saw a 22% increase in net worth from the second quarter.

A gauge of pending home sales unexpectedly declined in September for the first time in five months, a sign elevated asking prices and lean supply are tempering the boom in housing despite the record-low interest rates.

Mortgage rates remained relatively flat this week, helping housing to stay as one of the bright spots in the U.S. economy during the current uncertainty, according to Freddie Mac.

Researchers are increasingly focused on the risks related to owner-occupied loans with low balances and low-income properties with a limited number of renters.

For the second month in a row, South Florida residential sales are beating out 2019. They're also driving up prices, bringing the median price for a single-family home in Miami-Dade and Broward counties to $425,000 — the highest ever.

Mortgage application fraud risk dropped drastically from 2019 with the spike in refinances, but the fallout from the coronavirus means next year could come with more risk, according to CoreLogic.

Black borrowers locked in an average mortgage rate of 4.44% for conventional loans — 15 basis points higher than white borrowers, according to an analysis of HMDA data by the National Association of Real Estate Brokers.

But for the first time in a month, fewer consumers refinanced into a government-guaranteed mortgage.

The mortgage unit contributed $20 million of the $26 million the holding company earned over that period.

The Marin County, Calif., real estate market in September continued to defy seasonal trends amid the coronavirus pandemic, with home sales up nearly 68% over the prior year.

First American Financial, Old Republic, Stewart reveal how the third-quarter results point their way forward.

Purchases of new single-family houses dropped 3.5% from August to a 959,000 annualized pace from a downwardly revised 994,000 rate, government data showed Monday.

Hint: It's not all about the money. Company leadership enumerates the intangible benefits of going public.

Maine's red-hot residential real estate market shows no signs of cooling, thanks in part to increased interest from out-of-state buyers.

Sales of previously owned homes rose more than expected in September to the highest level in 14 years as a desire for more space and record-low mortgage rates continue to support demand.