Purchase

Purchases of new homes fell in April, reflecting a setback in the Western part of the country and indicating rising borrowing costs and property prices may limit the market's progress.

Texas home sales and prices experienced strong growth during the first quarter of 2018, while housing inventory and active listings declined, according to the 2018-Q1 Texas Quarterly Housing Report.

Originations and margins are thinning, and there will be mortgage banking firms that don't make it through this year, but after that, the numbers may look better.

Rising mortgage rates, higher real estate prices and a scarcity of listings have some Orlando homebuyers rethinking their search for a new house.

The spring home buying market in Greater Hartford got a healthy boost in April, with home sales and prices both showing gains compared with the same month a year ago.

The spring home buying season in the Albuquerque metro area could be described this way: Fewer house listings, higher prices and faster deals.

Pittsburgh area home sales are up significantly from last month and inventory continues its steady decline.

Fannie Mae reduced its mortgage origination volume forecast for 2018 and 2019 as rising interest rates are affecting refinancings now, and will curtail purchase activity going forward.

Central Texas home sales and median home prices both climbed last month to the highest level of any April on record.

Mortgage rates have reversed course and reached a new high last seen seven years ago as the yield on the 10-year Treasury crossed the 3% threshold this week, according to Freddie Mac.

The Buffalo Niagara, N.Y., housing market stayed smoking hot in April as the spring home-buying season began.

As mortgage rates continued rising, the percentage of closed home purchase loans grew to its highest level in about four years, according to Ellie Mae.

Mortgage applications decreased by 2.7% and fell for the sixth straight week as key interest rates fell slightly, according to the Mortgage Bankers Association.

Unlike the sponsor's previous four deals, which were backed at least in part by jumbo loans, all of the collateral for FSMT 2018-3INV is eligible to be purchased by either Fannie Mae or Freddie Mac.

Sentiment among homebuilders rose for the first time in five months as job gains and tax cuts helped keep buyer demand healthy amid rising prices and mortgage rates.

Metro Atlanta home prices in April were up 8.7% from a year ago, according to a report from the Atlanta Realtors Association.

Houston's housing market strengthened in April as buyers hunted for a limited number of moderately priced homes and, to a lesser extent, properties with seven-figure price tags.

Despite a healthier economy, growing household income was not enough to make an impact on home sales as the market still suffers from historically low levels of inventory.

Home sale prices in the Baltimore region continued their upward march in April, with the median price hitting $267,900, as the inventory of homes listed for sale remained tight.

The home buying season is already shaping up to be especially competitive this year, as rising prices and mortgage rates are putting a damper on purchasing power in many once-affordable housing markets.