Purchase

More than half of the country's top housing markets are considered overvalued. Here's a look at the 12 cities where this trend is the most severe.

Continued optimism in the sell side of the real estate market outweighed the growing negative perception on the buy side, as consumer sentiment about purchasing a home reached a new high, according to Fannie Mae.

Mortgage rates dipped for the second consecutive week although 10-year Treasury yields started to rise again, according to Freddie Mac.

Tucson's economy is expected to post healthy gains in jobs, population and income next year, but it's getting tougher to afford a home here.

Declining mortgage origination volume and record-high costs drove production income for independent mortgage bankers into negative territory, according to the Mortgage Bankers Association.

After eight consecutive weeks of decreases, mortgage applications increased by 4.1% last week as key interest rates dropped sharply, according to the Mortgage Bankers Association.

Single-family home prices in the Seattle area continue to reach new highs despite increasing inventory in May, according to the Northwest Multiple Listing Service.

Metro Denver experienced a nearly 25% surge in the number of homes and condos available for sale in May versus April, according to a monthly update from the Denver Metro Association of Realtors.

While all cities show signs of healthy mortgage competition nationwide, some areas have higher concentrations of lender activity but also face varying degrees of competitiveness based on loan type, according to LendingTree.

Movement Mortgage is laying off 100 employees nationwide as the lender founded by a former Carolina Panthers player braces for an industry slowdown.

Once again there were too many buyers and too few available homes in Tampa Bay and a few other parts of Florida in April.

Remax Holdings is focused on "what it does best" with its Motto Mortgage business and in facing off against Zillow's new home buying and selling initiative, a company executive said.

Contract signings to purchase previously owned U.S. homes unexpectedly declined in April, underscoring the housing market's challenge centered around a persistent inventory shortage.

Mortgage rates fell for the first time in four weeks, dropping 10 basis points as investors' concerns over a government crisis in Italy drove bond yields lower.

Single-family home rentals are especially important for families who can't squeeze into a one-bedroom apartment but don't have the money to buy a house.

Mortgage applications decreased 2.9%, falling for the eighth consecutive week even as interest rates came down from their recent highs, according to the Mortgage Bankers Association.

The ability-to-repay standard is responsible for the reduction in loan application defects over the past four-plus years, according to First American Financial.

Neighborhoods — specifically those closer to downtown, like southwest Detroit — have seen increased interest from buyers in recent years. And with the interest comes increased property values and sale prices.

In another sign that Palm Beach County finally has shaken off its long economic hangover, home prices hit another post-crash high in April.

Home prices in 20 U.S. cities climbed more than forecast in March, driven by rising demand and a lack of inventory, according to S&P CoreLogic Case-Shiller data.